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I am not making this up, folks! Congressional budget deadlines approach causing concern on Capitol Hill.

© Chip Somodevilla/Getty Images “Administration officials, led by Treasury Secretary Steven Mnuchin, are pushing for a “clean” debt ceiling hike that extends the federal borrowing limit without making other policy changes.”

“‘It could all go terribly wrong’: Congress braces for next fiscal cliff “

“A looming battle between President Donald Trump and Democrats over government spending and the debt limit could make the 35-day government shutdown look like a blip.

“A series of budget deadlines converge in the coming months that could leave Washington on the precipice of another shutdown, $100 billion in automatic spending cuts and a full-scale credit crisis. And lawmakers are openly worried about stumbling over the edge.

“‘It could all go terribly wrong,’ House Budget Committee Chairman John Yarmuth (D-Ky.) said, [In full disclosure, Blogger Klein and Rep. Yarmuth are cousins.].

The fiscal fights will reach a boiling point this fall — around the same time that Congress must pass its annual funding bills, which is guaranteed to dredge up the same border wall fight between Trump and Democrats that sent the government sputtering into a five-week shutdown , by Sarah Ferris, Politico. Read more

Posted by Steve on April 7, 2019 at 12:01 am | Permalink

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