Debt Ceiling Fight May Be Too Tempting for Trump to Pass Up

Bloomberg/Laura Litvan & Justin Sink/03-14-17

Treasury Secretary Steven Mnuchin has raised the alarm on the U.S. debt ceiling, and Republican leaders insist they won’t push it to the limit as in past years by using it as a bargaining chip for deep spending cuts.

President Donald Trump hasn’t weighed in recently, but both he and his hawkish budget chief have criticized Republicans in the past for being too willing to raise the debt limit — a statutory cap on how much money the U.S. can borrow — and may be more willing than previous administrations to threaten a default.

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