Mnuchin has repeatedly said that it's "critical" that Congress raise the debt ceiling by September 29. "Without raising the debt limit, I'm not comfortable that we will get the money that we need this month to Texas to rebuild". It is critical. And to do that, we need to make sure we raise the debt limit.
"I'm going to draft a sanctions package and send it to the president for his strong consideration so anybody (who) wants to do trade or business with them will be prevented from doing trade or business with us", Treasury Secretary StevenMnuchin said on Fox News Sunday. The White House is asking Congress for $7.8 billion in immediate aid, plus another $6.7 billion within weeks ahead of the House of Freedom caucus, Mark Meadows, says he does not want to see that disaster aid tied to a bill to raise the debt limit. That could be a tough sell to some House Republicans, who are likely to vote only for the disaster relief funding.
The government's cash reserves are running low because the debt limit has actually already been reached, and the Treasury Department is using various accounting measures to cover expenses.
Outside of Harvey, Mnuchin told Wallace he was drafting a sanctions package regarding North Korea amid news that the country had detonated a hydrogen bomb as part of its sixth nuclear test. Our first priority is to make sure that the state gets money.
Harvey, which first came ashore on August 25 as the most powerful hurricane to hit Texas in 50 years, has killed an estimated 47 people, displaced more than 1 million and damaged some 200,000 homes in a path of destruction stretching for more than 300 miles (480 kms).
Cease-fire declared along Syrian-Lebanese border Hezbollah has provided critical military support to Syrian President Bashar al-Assad during Syria's six-year-long war. The surrender of the remains of the fighters by the extremists took place at the border crossing of Mira.
Harvey, which came ashore on August 25 as the most powerful hurricane to hit Texas in more than 50 years, has killed an estimated 50 people, displaced more than 1 million and damaged some 200,000 homes in a path of destruction stretching for more than 300 miles (480 km).
Lawmakers and economists from both parties agree that the debt ceiling should be raised and warn that failing to do would mean a default on the nation's debt, which could cause global economic chaos.
"Providing aid in the wake of Harvey and raising the debt ceiling are both important issues, and Democrats want to work to do both", they said.
So, if we - if Congress appropriates the money, but I don't have the ability to borrow more money and pay for it, we're not going to be able to get that money to the state.
Members of US Congress return from summer recess Tuesday with the eyes of bond traders squarely upon them. In advocating for funds to help rebuild his state, Abbott said damage from Harvey would exceed that.
Firstpost had earlier written that Modi has another 18 months to deliver before the 2019 General Elections to Lok Sabha begins. The environment ministry was reassigned to Harsh Vardhan as an additional charge after the death of minister Anil Dave.
The missiles did not pose a threat to North America nor to the USA territory of Guam, said the Pacific Command. Pyongyang fired three short-range ballistic missiles from the Kangwon province, the US Pacific Command said .
" Swift's rep clarified: " 'Look What You Made Me Do " includes an interpolation of "I'm Too Sexy' - it doesn't sample it". Within the first verse she makes a comment about Kanye West and his titled stage from his Saint Pablo tour.
Earlier in the day's play, Bangladesh put in no efforts to hide their plan of unleashing their spin barrel on the Australians. He became only the fourth bowler to take five-wicket hauls against all nine possible Test opponents.
He's young enough and potentially under control until 2022, so he *could* sit alongside Trout in the lineup for years to come. By trading Justin Upton to the Los Angeles Angels on Thursday , they might have landed a future starting pitcher.
Swift's Bad Blood is the third most watched first-day video, followed by Nicki Minaj's Anaconda and Miley Cyrus' Wrecking Ball. The video portrays Swift literally rising from the dead as she becomes more glamorous and powerful.
Tomorrow is a rest day, and racing resumes on Tuesday (September 5) with a 40.2km time trial from Circuito de Navarra to Logrono. Lopez then set off on his own to pass breakaway rider Adam Yates and power his way to the summit finish at Alto Hoya de la Mora.
But, as the votes polled in the booths of the slum clusters started coming into the picture, the AAP widened its margin. On Monday, the Congress led in the first seven rounds of counting, winning in the rural parts of the constituency.
Georgia QB Jacob Eason leaves season opener with knee injury
The offense had four and the special teams unit had one. "But we're looking forward to seeing what we can do against those guys". In the fourth quarter, Fromm yielded the huddle to Brice Ramsey - who for a third-string quarterback isn't a bad backup punter.
Gas prices spike in London to $131.9/L
Prices are expected to remain high until refineries resume normal operation, the timing of which is still unknown. Analysts expect a hike of around 5 cents by Friday evening, followed by a further jump of 9 cents on Saturday.
Chelsea signs Torino defender Zappacosta
The £23m signing has agreed on a 4-year-deal after playing 58 games in the Serie A over 2 seasons for the Italian club. Davide Zappacosta has completed his £23 million move to Chelsea from Torino , penning a four-year contract.
Canadian economy sees best growth in almost 6 years in Q2
That could be a challenge, however, because of the country's aging workforce, slower population growth and low productivity gains. This second estimate is much better than the first (+2.6 per cent), is higher than the expectations of analysts (2.7 per cent).
Police Confirm Body Found Is Savanna Greywind
Fargo Chief of Police David Todd said the baby was discovered while investigators executed a search warrant at the residence. They had previously been arrested when a two-day-old baby, believed to be Greywind's daughter, was found in their apartment.
Berkeley Protests Over, Police Defend Handling
The San Francisco Police Department, however, did advise on its official Twitter account for people to stay away from the area. At about 12:30, there were a few hundred anti-hate demonstrators in the park, with hundreds more on the surrounding streets.
United States imposes new sanctions on Venezuela
That could choke off access to NY debt markets and substantially raise the likelihood of Venezuela being forced into default. The new sanctions would also put more sway on the view that Venezuela is under military threat by President Trump.