The fight over the debt limit and competing priorities has been building for some time, but it looks as though Congressional leaders have come together to put off the fight for several months as part of a package to send federal aid to victims of Hurricane Harvey.
Congressional Democrats said on Wednesday that they were willing to support a package to raise the debt limit for three months and send aid to Texas:
In a joint statement issued Wednesday, House Minority Leader Nancy Pelosi (D., Calif.) and Senate Minority Leader Chuck Schumer (D., N.Y.) said they would back a bill expected to come up for a vote in the House on Wednesday that would provide $7.85 billion in Harvey emergency aid.
Senate GOP leaders indicated Tuesday they plan to attach an increase in the debt limit, a politically difficult vote for many Republicans, to the popular Harvey aid. Already some conservative Republicans have balked at the combination, saying they won’t support raising the debt limit without taking other steps to rein in federal spending.
In times of natural disaster and public emergencies, the pressure to spend more without responsibility becomes even greater. We hope that members of Congress do not forget the disaster that looms just a few years down the road if they fail to address the nation’s runaway spending and debt.