Economy

Mulvaney favors attaching spending reforms to increase in debt ceiling

By Joseph Lawler
Published May 31, 2017 10:11pm ET
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Mulvaney favors attaching spending reforms to increase in debt ceiling
Budget director says the debt ceiling is like a "smoke alarm," a warning when it is reached that the U.S. has "spent more than we have." (AP Photo/Andrew Harnik) | Andrew Harnik

Mick Mulvaney, President Trump’s fiscally conservative budget director, said Wednesday that he favors attaching spending reforms to any increase in the federal debt ceiling, rather than the “clean” hike requested by Treasury Secretary Steven Mnuchin.

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Budgets and Deficits Debt Ceiling Jack Lew Joseph Lawler Mick Mulvaney Spending Steven Mnuchin