Paul Ryan calls Democrats’ debt ceiling proposal ‘ridiculous’ and ‘unworkable’

CNBC/Jacob Pramuk/09-06-17

The top Senate and House Democrat on Wednesday said their party will support an aid package for Hurricane Harvey combined with an increase in the debt limit for three months — a proposal that House Speaker Paul Ryan called “ridiculous” and “unworkable.”

The offer from Senate Minority Leader Chuck Schumer and House Democratic Leader Nancy Pelosi comes as lawmakers face end-of-September deadlines to avoiding risking default on the national debt and funding the government.

Pairing disaster aid with the often politically contentious debt ceiling vote is seen as making it easier for Congress to raise the debt limit. The House plans to take up the Harvey aid package on Wednesday, though some conservatives have said they will resist combining it with a debt ceiling increase.

PG View: Negotiations seem to be off to a great start . . .

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