Treasury Chief Says ‘Debt Ceiling Will Be Raised’

Treasury Chief Says ‘Debt Ceiling Will Be Raised’
U.S. Treasury Secretary Steve Mnuchin (R) and National Security Adviser Lt. Gen. H.R. McMaster hold a news briefing at the White House in Washington on August 25, 2017. (REUTERS/Yuri Gripas)
Reuters
8/25/2017
Updated:
8/25/2017

WASHINGTON - U.S. Treasury Secretary Steven Mnuchin said on Friday the nation’s debt ceiling will be raised in September and that after talks with congressional leaders from both parties everyone is “on the same page.”

“My strong preference is that we have a clean debt ceiling (increase), but the most important issue is the debt ceiling will be raised in September,” Mnuchin told reporters at the White House, indicating an interest in legislation that did not stray into unrelated territory.

“I have had discussions with the leaders in both parties in the House and Senate and we are all on the same page,” he added. “The government intends to pay its debts and the debt ceiling will be raised.”

By James Oliphant