Trump Signs Hurricane Relief Bill, Short-Term Raising Of U.S. Debt Ceiling

On Friday President Trump signed a $15.25 billion Hurricane Harvey relief bill that passed in Congress and includes a short-term suspension of the U.S. debt ceiling through December 8th and funding of the U.S. government.

The bill provides emergency appropriations for disaster relief from Hurricane Harvey in Texas and extends the authorization of the National Flood Insurance Program through December 8th.

The bill passed in the House of Representatives 316-90 and was signed by President Trump at Camp David in Maryland on Friday.

Although some Republicans were unhappy with President Trump for cooperating with Democrats, including House Minority Leader Nancy Pelosi (D- California) and Senate Minority Leader Chuck Schumer (D- N.Y.), with the 3 month short-term raising of the debt ceiling instead of holding out for a longer term debt ceiling plan, Trump showed that he can be pragmatic at times and take decisive political action to help disaster victims.

House Speaker Paul Ryan tweeted on Friday, “Congress acted quickly to pass a big #HurricaneHarvey aid package. Just signed this bill, sending it off to the @WhiteHouse.”

During a White House press briefing on Friday, White House Press Secretary Sarah Sanders said that President Trump was focused more on what makes Americans better and stronger rather than what makes Congress happy.

She also said that that tax reform is a “huge part of the agenda moving into the fall” and infrastructure is something they’d love to see.

Yesterday President Trump tweeted that Republican must start tax reform/tax cut ASAP.

He tweeted, “Republicans must start the Tax Reform/Tax Cut legislation ASAP. Don’t wait until the end of September. Needed now more than ever. Hurry!”

Written and Edited By:

J. Schweitzer

@SchweitzFinance

schweitz31@gmail.com

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