Economy

Mnuchin asks for clean debt ceiling increase before August

By Joseph Lawler
Published May 24, 2017 5:45pm ET
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Mnuchin asks for clean debt ceiling increase before August
Budget Director Mick Mulvaney said that the deadline to raise the federal debt ceiling may come earlier than projected because of weaker-than-expected government revenues. (AP Photo/Jacquelyn Martin) | Jacquelyn Martin

The Trump administration wants Congress to raise the debt ceiling before the August recess, Treasury Secretary Steven Mnuchin said Wednesday, and does not want any conditions attached to it.

“I urge you to raise the debt limit before you leave for summer,” Mnuchin told the House Ways and Means Committee.

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Tag:

Budgets and Deficits Congress Debt Ceiling Donald Trump Joseph Lawler Mick Mulvaney Steven Mnuchin Taxes