McConnell: No new debt ceiling vote until 'well into 2018'

[DonViejo]

Source: The Washington Post




By Sean Sullivan September 11 at 11:48 PM

The nation’s borrowing authority will very likely not have to be raised again by Congress until “well into 2018,” Senate Majority Leader Mitch McConnell (R-Ky.) said Monday, as he sought to take some credit for a sweeping legislative agreement Democratic lawmakers have been touting.

In an interview with “The New Washington,” a podcast by the New York Times, McConnell said the deal was “not quite as good as my counterpart thought it was.”

“Since I was in charge of drafting the debt ceiling provision that we inserted into the flood bill, we likely — almost certainly — are not going to have another debt ceiling discussion until well into 2018,” said McConnell, according to the Times report on the interview.

McConnell explained that he pushed for retaining the Treasury Department’s ability to use “extraordinary measures” to avoid a more immediate need to raise the debt ceiling.

Read more: https://www.washingtonpost.com/news/powerpost/wp/2017/09/11/mcconnell-no-new-debt-ceiling-vote-until-well-into-2018/?utm_term=.50ab1dd39e1e&wpisrc=nl_politics&wpmm=1

[lapfog_1]

1. Oh Mitch. You are so naive

Irma relief, new military "excursions" not to mention an economy that is actually heading into a recession coupled with more republican talks about tax reform - tax cuts ) mean that we are headed for a debt ceiling vote again sooner not later.

Democrats may be "tax and spend" but republicans are
"Spend and spend"

[dalton99a]

2. "Since I was in charge"

The orange Nazi will beg to differ

[WhiteTara]

3. Maybe they'll have another knife fight

and they'll both bleed for the rest of the term.

[DFW]

4. Oh sure, Mitch. You're a star-spangled hero.

NOT.

[Javaman]

5. please define "well into"...

I see one happening rough around march.

[rurallib]

6. about the time they start rounding up DACA kids?

could be a bad time to be a republican.

[Grins]

7. During the mid-terms!! Please procede, Senator.... N/M