Treasury's Mnuchin says deal to raise U.S. debt ceiling getting close

WASHINGTON - U.S. Treasury Secretary Steven Mnuchin said on Monday the Trump administration and Congress were getting close to a deal on raising the U.S. debt ceiling and he urged lawmakers to take action on the issue before leaving for an August recess.

In addition, Mnuchin and congressional leaders have been discussing a possible two-year budget deal that would set overall federal spending levels for fiscal 2020, which begins on Oct. 1, and for fiscal 2021, he told reporters during a briefing at the White House. That means the government could hit its credit limit just as Congress comes back into session in the fall if it does not reach a deal to raise the debt limit before then.

Yes they will raise the debt ceiling. No other choice. But that is no solution. One day the pack of cards will crash. But I will not be here to witness it. I am 80 years old already.

Hey Steve that mole looks cancerous !

I thought that the treasury Secretary supposed to find the way to not put people ( that elect him in office ) in debt ?

So stevenmnuchin1 can't live within his means, borrows money he can't repay & asks to borrow more, every time he runs out of money he already borrowed. Tell me again how this makes him a f'ing financial genius. Sounds more like a 50 yr old vid player living in his mom's basement

WHY isn’t he in jail? He broke the law by refusing to give Congress Trump’s tax returns. Oh that’s right - THEY are ALL above the law. 🤨

Who’s front-running it and whipsawing it this time?

Ludicrous speed.

Just get rid of this fake requirement. It does nothing but give the party in power a decision point to get something, but we'll always raise the limit, we have no choice.

Why raise it? Tons of revenue is flowing in to the treasury from tariffs. It’s not like the fiscal deficit has quadrupled or anything. Oh wait...

i thought he was concentrating on cryptocurrency.

fuckmnuchin the foreclosureking of Southern California. He no more belongs in that job than realDonaldTrump belongs in the WhiteHouse ! payback payola

party of fiscal responsibility.

don't you think you got them in enough debt already guys I'm not sure to many Americans want the debt ceiling raised only so they can pay more taxes while you guys in the realDonaldTrump admin are out having the time of your lives on the people's dime!

It will be subject to Trump throwing another tantrum and shutting down the government because he’s LOSING!!

Ahh, the party of fiscal responsibility.

Every time I see Mnuchin speak I am reminded that they put peanut butter in Mr Ed’s mouth to make it look like he was talking.

Time to in-slave some more unborn with debt.

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