Debt Ceiling Hike Promises to be a Big Fight

Playbook: “It’s very hard to see how this is not going to be a huge legislative fight in the fall. Conservatives are going to want to notch a legislative achievement alongside lifting the debt limit. Democrats are out of power in every sense, and will want a clean increase but won’t want to be seen as carrying it. The ceiling needs to be lifted by the end of September. Government funding also runs out then. And the White House has said they want to finish tax reform by the end of October.”

Washington Post: “The Senate and House are scheduled to be in session together for a total of just 12 days from now until the debt ceiling deadline, giving them little time to focus on tax cuts.”