House Speaker Ryan says Congress can and will raise debt ceiling

President Trump chided Republicans Thursday on Twitter for allowing another time crunch on the debt ceiling to occur under their watch.
By Kara Menard | Aug 27, 2017
House Speaker Paul Ryan said Thursday that Congress will raise the debt ceiling and that it has many options for achieving it. He discussed the issue during a tax-reform event at a Boeing plant in Washington state, acknowledging that Congress is again facing a looming deadline on the debt-ceiling raise, which increases the amount that the federal government may borrow.
"We will pass legislation to make sure we pay our debts and we will not hit the debt ceiling. We'll do this before the debt ceiling," Ryan said. "We pay our debts in this country. We will continue to do so."
According to the Treasury Department, the federal government has to debt ceiling by September 29. If it does not, it will be unable to pay many of the bills that the government has already incurred, including payments on U.S. government debts, and the U.S. credit rating may suffer.

The Obama administration and Congress repeatedly clashed over raising the debt-ceiling limit, with several debt-ceiling standoffs not getting resolution until less than 24 hours before the final deadline for avoiding default.

President Trump chided Republicans Thursday on Twitter for allowing another time crunch on the debt ceiling to occur under their watch. He said that he had advised them to link passage of the debt-ceiling raise to a Veterans Affairs bill that he signed into law on August 12.
"They... didn't do it so now we have a big deal with Dems holding them up (as usual) on Debt Ceiling approval. Could have been so easy-now a mess!" he tweeted.

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