Tags: gop | senate | house | split | debt ceiling | deadline

GOP Split on Dealing With Debt Ceiling

Image: GOP Split on Dealing With Debt Ceiling
Senate Majority Leader Mitch McConnell (right) stands in front of Speaker of the House Paul Ryan (Brendan Smialowski/AFP/Getty Images)

By    |   Monday, 17 Jul 2017 09:19 PM

Republicans are divided on when to raise the debt ceiling, with GOP senators hoping to act before the traditional August recess and their counterparts in the House preferring to wait, Politico reports.

Though healthcare reform and other issues are currently on the Senate's table, a deadline to increase the country's $20 trillion borrowing authority also looms. But a question over exactly when the deadline falls is among the factors that have conservatives in the House willing to hold off until September.

Senators may attach an increase in the debt ceiling to a veterans bill being considered this week.

Those discussions remain "at staff level" at this point, according to Politico, but GOP senators are still determined to handle the matter sooner rather than later.

"We'll probably deal with that before we leave," Majority Whip John Cornyn of Texas told the website.

House Republicans have vowed to deal with the debt ceiling before the default deadline or "X date," but they also believe that date won't hit before October.

The House will leave on its recess in two weeks, so the Senate would need to beat that deadline for their bill to be even considered by the other chamber. That prospect is unlikely, Politico predicted, considering the tricky deal-making needed with Democrats in the Senate and moderate Republicans in the House.

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Republicans are divided on when to raise the debt ceiling, with GOP senators hoping to act before the traditional August recess and their counterparts in the House preferring to wait, Politico reports.Though healthcare reform and other issues are currently on the Senate's...
gop, senate, house, split, debt ceiling, deadline
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2017-19-17
Monday, 17 Jul 2017 09:19 PM
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