President Trump on Friday signed a $15 billion Hurricane Harvey relief bill that includes a short-term suspension of the debt ceiling and funding to keep the government running for the next three months.<\/p>\n
Earlier Friday, the package passed in the House of Repreentatives by a 316-90 vote, with all opposing votes coming from Republicans.<\/p>\n
Congress moved with uncharacteristic speed on the bill to avert several looming crises \u2013 the prospect of not only triggering a government shutdown, but hitting the debt limit as the federal government burns through cash it needs to respond to both Hurricane Harvey and Hurricane Irma which is barreling into Florida.<\/p>\n
The $15.25 billion package represents an initial payment as Texas recovers from its devastating storm and residents across the southeast brace for impact from Irma \u2013 a storm sure to require billions more from the federal government.<\/p>\n
Separately, the package includes money to fund the government through Dec. 8, while suspending the debt ceiling through that same period. The package was the product of a stunning deal earlier this week between President Trump and congressional Democratic leaders that angered many GOP lawmakers.<\/p>\n
Leaders like House Speaker Paul Ryan, R-Wis., had wanted to strike a longer-term deal \u2013 instead, the short-term arrangement virtually guarantees a showdown in December. Some conservatives, meanwhile, were angry about attaching any debt-ceiling increase that doesn\u2019t include spending reductions.\u00a0<\/p>\n
All 17 senators who opposed the bill in the Senate a day earlier were Republicans, just like on the House side Friday.<\/p>\n
<\/i><\/p>\n
Article source: http:\/\/feeds.foxnews.com\/~r\/foxnews\/politics\/~3\/fPyFBpRZeaA\/trump-signs-15-billion-harvey-relief-debt-ceiling-package.html<\/a>\r\n<\/p>","protected":false},"excerpt":{"rendered":"
President Trump on Friday signed a $15 billion Hurricane Harvey relief bill that includes a short-term suspension of the debt ceiling and funding to keep the government running for the next three months. Earlier Friday, the package passed in the House of Repreentatives by a 316-90 vote, with all opposing votes coming from Republicans. Congress […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[84],"class_list":["post-90398","post","type-post","status-publish","format-standard","hentry","category-political","tag-political"],"_links":{"self":[{"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/posts\/90398","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/comments?post=90398"}],"version-history":[{"count":0,"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/posts\/90398\/revisions"}],"wp:attachment":[{"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/media?parent=90398"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/categories?post=90398"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/tags?post=90398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}