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IPFS News Link • Government Debt & Financing

Republicans Furious As Trump Sides With Democrats On Debt Limit Extension

• zerohedge.com by Tyler Durden

: the Democrats whose plan - derided earlier by Paul Ryan - to keep any 'fix' for the debt-ceiling, short-term was approved over the Republicans' howls of objection. As The Hill reports, President Trump agreed with top congressional Democrats at a White House meeting to fund the government and raise the debt ceiling through Dec. 15. despite objections from virtually all GOP leaders. 

"In the meeting, the President and Congressional leadership agreed to pass aid for Harvey, an extension of the debt limit, and a continuing resolution both to December 15, all together," Senate Minority Leader Charles Schumer (D-N.Y.) and House Minority Leader Nancy Pelosi (D-Calif.) said in a joint statement.

While the report give the impression of delightful civility, the reality was rather different, as Trump concluded a deal with Schumer, Pelosi et al behind Ryan and McConnell's backs. Politico's Jake Sherman reports that:


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