Sentences with phrase «month debt ceiling»

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

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

Not exact matches

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.

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.

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.

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

President Trump bucked his own party Wednesday and endorsed a Democratic deal to raise the debt ceiling by three months.

«The growing debacle surrounding the election of a new Republican House Speaker and the potential crisis if Congress doesn't raise the debt ceiling within the next month are additional risks that have sprung up in the past couple of weeks,» Capital Economics said in a research note last week.

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.

Within 48 hours the president had signed into law a bill that provides $ 15 billion in hurricane funding, a bill that delays the potential government shut down at the end of this month to December 8th and a bill that pushes the debt ceiling fight which is perhaps the most market moving event that comes out of Washington off until sometime in 2018.

The government's current strategy is based on the hope that the EURO area will quickly recover from its 18 - month recession; that the US will find an agreement on a budget that will reverse sequestration and raise the debt ceiling; that emerging markets will become revitalized; that President Obama will agree to the XL pipeline; and that there will be a Canada - EU free trade deal.

«This month's debt ceiling crisis has driven the consumer mood nationally into the tank and in New York while the fall wasn't as steep, the tears are just as real,» said Siena statistics and finance Prof. Doug Lonnstrom, who is also the founding director of the college's Research Institute.

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.

That's because it includes a debt ceiling extension and only three months» worth of government funding — a deal struck by President Donald Trump with House and Senate Democratic leaders.

As the political parties assess the shutdown / debt ceiling fight and its effects on the political landscape, a lot of Democrats are perking up at the possibility that Republican congressmembers who looked unbeatable a month ago might be more vulnerable than they appeared.

So, to recap: The congresswoman is seeking more spending by the federal government here in New York to help with the post-Irene recovery — a move that would, if she and Cantor had their way, require additional cuts at a time when Washington is already polarized over reductions mandated by the debt ceiling deal passed early this month.

Congress will take up the debt ceiling legislation when lawmakers return next month from August recess.

Analysts at First Data Corporation say that consumers began spending significantly more toward the end of the month, after the U.S. government was reopened and the impasse over the federal debt ceiling was temporarily resolved.

Sitting in my San Francisco office last month watching the squabbling over the sequester, the shutdown, Obamacare and the debt ceiling, it was easy to overlook how it might affect my own and other Main Street businesses.

By Elizabeth McGinnis Sitting in my San Francisco office last month watching the squabbling over the sequester, the shutdown, Obamacare and the debt ceiling, it was easy to overlook how -LSB-...]

With the government shutdown and debt ceiling debate resolved — for the next three months — it is clear that the political drama in Washington caused a drop in consumer confidence, which in turn added another headwind to the housing sector and the overall economy.