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

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U.S. Secretary Steven Mnuchin said on Monday the administration and Congress are...

U.S. Treasury Secretary Steven Mnuchin gives a briefing on cryptocurrency at the White House in Washington, U.S., July 15, 2019. REUTERS/Kevin Lamarque

WASHINGTON - U.S. Secretary Steven Mnuchin said on Monday the administration and Congress are getting close to a deal on raising the U.S. debt ceiling and he has urged lawmakers to take action on the issue before their August recess. “I think there is a preference on both parties, to the extent that we can agree on the debt ceiling and a budget deal, that is the first choice, and I think that we’re getting closer,” Mnuchin told reporters during a briefing at the White House.

Mnuchin said that if a deal on all of the issues were not reached before lawmakers were scheduled to take off, they should either stay put or approve an increase in the debt ceiling on its own.“I’m very hopeful we can come to ... an agreement quickly, but having said that, if for whatever reason we cannot agree on all these issues before they leave, I would either expect them to stick around or raise the debt ceiling.

Mnuchin said he was not concerned about the prospect of a government shutdown related to the budget discussions.

 

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Insanity continues...

LOL

Well, when YOU give all the taxpayer dollars to your super rich friends, then WE don't have anymore $$. Borrow more? Too bad working class Republican voters don't see how YOU are selling all our children's future down the drain. But I forgot, YOU REALLY DON'T CARE, DO YOU?

naychu3 Yay, let Trump bankrupt the USA like he did with every company he had

Has to,CAN'T FIND TRUMPS TAXES,GOT TO CREATE SOMETHING FOR DISTRACTION

That will also help Goldman Sachs isn't it ?

The face of a criminal. Haven’t seen his wife lately showing off her expensive purse, clothes and shoes ....must be no good if you can’t use a government plane. 🛫

They're going to bankrupt America. These jerks are not Republicans! ImpeachTrump

HISTORY sciam

Whatever happened to living within our means?

Here is the deal. ebdtariffs or we will make the yuan the benchmark currency of the world.

Is that why Trump took the heat & hate by the Four Horsewomen of the Apocalypse away from Nancy & direct it to himself!? He is masterful at directing the direction of the news cycles...

Reptards 2 years ago: 'RAISE THE DEBT CEILING?!?! OMG!!! OVER OUR DEAD BODIES!! FISCAL BLAH BLAH BLAH!! THINK OF THE CHILDREN'

Where are those TEA BAGGERS we heard from everyday that Obama was President Forever talkn about debt ... Now they could careless when there's real debt mounting daily!

Sometimes I get the feeling that it’s only a few weeks until the bottom falls out of the economy and we’re all focused on a senile old man’s bigoted tweets.

Hmmm….. what happened to Mitch?!?!

Why? Maybe SpeakerPelosi & SenSchumer should take a page from the McConnell plsybook and extract a concession from Trump. How about path to citizenship for dreamers.

Zdefiniuj słowo patologia.

Where's the outrage GOP FoxNews HANNITY?

You need to stay in the office and send it in a letter.

When will it ever stop? Every year we will see this happening and then POP!

XRP

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