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AverageJoe

43,967 Posts.

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02/03/17

15:31

Post #: 23050514
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Originally posted by Crom Valen ↑

Looks like the can is going to get kicked down the road a bit on this one, but they "will deal with it"(?)....

http://thehill.com/policy/finance/3...l-deal-with-debt-ceiling#bottom-story-socials

Office of Management and Budget Director Mick Mulvaney told Fox News Monday that he expects Treasury Secretary Steve Mnuchin to use extraordinary measures when the current debt ceiling extension expires on March 15.
"The secretary of the Treasury actually makes the decision, and I expect him to do what all previous secretaries of the Treasury have done, at least all the ones that I'm familiar with, to use those measures to extend that date," Mulvaney said in an interview on Fox News, as reported by Reuters.
"But we will deal with it," he said, and "certainly" before Congress recesses in August.

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Is that the same Greek can the ECB were kicking since 2011? Seems the horizon is so far that Pele will need to kick it many times to see the goal post.
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