Sentences with phrase «debt ceiling for»

⇒ 02/09/2018 Budget BUDGET & POLICY LANDSCAPE - February 9, 2018 - Roundtable Weekly President Trump Signs Budget Deal That Extends Government Funding Until March 23, Lifts Debt Ceiling for One Year and Sets Two - Year Budget Agreement

or else raise the debt ceiling for a lot longer, until after the 2018 elections (denying Democrats the tool for a long time, eliminating the debt ceiling as an issue during the 2018 campaign, and allowing Congress to deal with it the next time fresh off an election and relatively safe from concerns about the following election in 2020).

U.S. stocks rose after two top Democratic leaders said Donald Trump would support a plan to raise the debt ceiling for three months.

Despite a Republican split, the 316 - 90 vote on Friday will send $ 15.25 billion to Texas and Louisiana, prevent a government shutdown, and lift the debt ceiling for three months.

Not exact matches

Congress must act by Sept. 29 in order to raise the debt ceiling, a more contentious vote than the one for Harvey aid.

«The Harvey relief would pass on its own, and to use that as a vehicle to get people to vote for a debt ceiling is not appropriate,» he said.

With the Senate finally voting this afternoon to raise the debt ceiling, enough time has probably elapsed for us to start laughing about the absurdist tragedy that played out in Washington D.C. over the last couple months.

Carney insisted that Aug. 2 is the drop - dead date for the Treasury's cash flow — «beyond that date we lose our capacity to borrow» — and expressed confidence that the debt ceiling would be raised by the deadline.

Putting up with a few shuttered federal agencies seems like an OK price to pay if it brings the extremists to the negotiating table in time for a compromise on the debt ceiling.

Irish betting site Paddy Power is now listing the odds of the U.S. lifting its debt - ceiling at 1/5 ($ 1.20 return for $ 1 stake) and the odds of default at 3/1 ($ 4 for $ 1 stake).

Alternatively, there is a legal argument for the president simply overruling the debt - ceiling.

With this, the White House has now ruled out the two best options for preventing a default in the event that the House GOP refused to life the debt ceiling.

Republicans are demanding spending cuts to reduce the budget deficit as the price for supporting an increase in the debt ceiling.

As quid pro quo for lifting the U.S. government's debt ceiling last year, Republicans in Congress demanded $ 1.2 trillion worth of budget cuts over the next decade to drag Washington back into solvency.

Such an outcome would be undesirable for the world's investors, however, which explains why ratings agency Standard & Poor's moved to downgrade U.S. treasury bills to AA + after the debt - ceiling deal had been reached.

But he did say he subscribed to the so - called «Boehner rule» that demands one dollar in spending cuts for every dollar increase in the debt ceiling.

One exchange he said he would not accept: banning the trillion - dollar coin in exchange for a permanent elimination of the debt ceiling so that it would be automatically raised.

The Republican leadership might finally step in to «take the weapons of mass destruction away from the crazies,» as Mann puts it, refusing, for example, to allow another debt - ceiling crisis.

The Republican - led Congress has struggled immensely over the past eight months, and the party now faces further division as they return and urgently need to raise the debt ceiling to avoid a government shutdown, pass an aid package for Hurricane Harvey — some of which is expected to be tied to the raise of the debt ceiling — and now reach a decision on DACA.

In past debt - ceiling episodes we have proactively raised liquidity levels for an added buffer in the event of prolonged market dislocations.

The fund had stern words for American policy makers: avoid the «fiscal cliff» and lift the debt ceiling promptly, for the sake of the United States economy as well as the world's.

With last - minute support from Maryland's Republicans, the House of Representatives narrowly approved a bill Friday to raise the nation's debt ceiling, but the high - stakes hunt for a bipartisan plan that could pass both chambers of Congress was set to...

If the Republicans, who are holding out for concessions on the health care law — the Affordable Care Act — in exchange for a budget vote, back down or are blamed for a shutdown, they would have even less ability to push their wishes by refusing to raise the debt ceiling, analysts at DBS in Singapore wrote Tuesday.

«The Harvey relief would pass on its own, and to use that as a vehicle to get people to vote for a debt ceiling is not appropriate,» he said in an interview.

Additionally, the potential for another «fiscal cliff» that would have sapped sentiment was removed by the striking of a congressional deal in late October to raise the federal government's debt ceiling.

U.S. stocks rebounded Wednesday after President Trump backed a Democratic plan to combine raising the debt ceiling with support for Hurricane Harvey.

To get the votes to extend the debt ceiling, the Democrats will insist on keeping the income and payroll tax cuts for the 99 % and the Republicans will want to keep the capital gains rate at 15 % so the Wall Street speculators will not be inconvenienced.

But the most likely explanation is that earlier today the chairman of the conservative House Freedom Caucus said aid for victims of Hurricane Harvey should not be part of a vehicle to raise the debt ceiling.

«The Harvey relief would pass on its own, and to use that as a vehicle to get people to vote for a debt ceiling is not appropriate,» he said an interview with The Washington Post, signaling agreement with what Trump's approach on the matter has been.

There were several possible catalysts suggested for this spike in concerns about a favorable outcome of the debt ceiling negotiation, which has to be concluded ahead of the Treasury's X Date, now expected as early as October 1: some cited Steven Mnuchin's interview on CNBC, in which the Treasury Secretary said that the additional spending needed to help Texas recover from Hurricane Harvey may reduce the amount of time Congress has to increase the federal debt limit; another possibility was month - end liquidity needs and relative positioning across the curve.

Now that the debt ceiling decision has been forestalled, the markets are basking in the knowledge tapering is clearly off the table for the foreseeable future.

In the middle of a showdown over the federal debt ceiling, Standard and Poor's downgraded the U.S. credit rating for the first time, from AAA to AA + with a negative outlook.

For all the talk of change in Washington, lawmakers return to Capitol Hill this week in a familiar position: up against a series of difficult deadlines to keep the government open and raise the nation's debt ceiling.

Foreign demand for Treasury debt is expected to stay strong this year, helped by a congressional agreement to avoid a fight over the U.S. debt ceiling until March 2015.

They'd come to urge the president to protect programs for the poor amid his fight with Congress over raising the nation's debt ceiling.

Ultimately, the programs that the religious leaders were lobbying for were protected in the debt ceiling deal, though it's unclear how big a role the religious leaders played.

It's like the GOP pretending to be worried about our national debt, knowing full well they were responsible for the record deficits under Reagan and Bush II, and gleefully raised the debt ceiling 13 times under the Former and 7 times under the latter.

One rational means for GOP voters to do so is to elect politicians who would be crazy enough to take the irrational action in the last stage of the game of not increasing the debt ceiling.

Because everyone knows that, rationally, Congress will vote to increase the debt ceiling in the last stage of the game, that affects how the earlier stages of the game are played: Congress votes for new programs, anticipating that funds for the new programs will be paid for by borrowing.

Israel, not surprisingly, hewed to the party line, blaming the Tea Partiers in the House GOP for the shutdown and the lack of a debt ceiling deal, and pointing to recent polling that showed the Republicans are being blamed more than the Democrats for the mess in Washington — and could pay a price for it come 2014.

Time for a quick catch - up story — it may seem like ancient history now, with the debt ceiling battle completely dominating domestic politics, but a couple of weeks ago President Obama held a «Twitter Town Hall,» using a live video feed to answer questions sent in through the microblogging site.

The question of who would hold responsibility for a failure to raise the debt ceiling and a government default, posed as a hypothetical question, has received quite a bit of polling and a substantial majority say they would assign the blame squarely on the Republican party

That might be protection for the Dreamers, 5 shoring up the ACA, 6 preventing Republicans from going through with their planned tax cuts, 7 or ending the debt ceiling altogether.8 Or something else entirely, depending on events between now and then and what comes up.

Particularly since by the time the three months are up, we will be getting into 2018 which is an election year — Democrats hope that they will do well in those elections, and if they do, it will be useful for them to not have the debt ceiling to worry about.

Not coincidentally, the current plan is for such changes to be debated and, Republicans hope, passed sometime around the end of the year — the same time the debt ceiling will be coming back up.

Congressman Jerrold Nadler briefed VID on the prognosis for gun control, the debt ceiling, tax code changes and entitlement legislation facing the current Congress.

The deal that passed on Friday did the opposite by attaching an increase in the debt ceiling to more spending to keep the government open, as well as adding money for hurricane relief without making any spending cuts elsewhere.

So as you're gearing up for the next round of Hill fights (including those exciting sequels, «Return of the Avenging Sequester» and «The Debt Ceiling Rides Again!»)

The 3 - month debt ceiling extension gives the Democrats key negotiating leverage in December when the debt ceiling is up for discussion...

The 3 - month debt ceiling extension gives the Democrats key negotiating leverage in December when the debt ceiling is up for discussion again.