Mnuchin Says Debt Limit Hike Should Be Linked to Harvey Aid
- White House has asked for almost $8 billion in hurricane aid
- Relief funding could affect debate on raising debt ceiling
How Harvey Impacts the Debt Ceiling Debate
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Treasury Secretary Steven Mnuchin said Congress should combine an initial package of relief for victims of Harvey with a boost in the nation’s debt limit, saying lawmakers need to “put politics aside” to ensure that those trying to recover from the storm get the help they need.
“The president and I believe that it should be tied to the Harvey funding,” Mnuchin said of the debt-limit increase on “Fox News Sunday.” He said it should be a so-called clean increase in the borrowing authority that doesn’t have any other provisions tied to it. “We need to help people in Texas and we need to get that done.”