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'We will not hit the debt ceiling': Ryan

Thursday, August 24, 2017 - 00:31

House Speaker Paul Ryan said Congress will pass legislation to pay its debts and will not hit the debt ceiling amid criticism from President Trump. Rough Cut (no reporter narration).

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ROUGH CUT (NO REPORTER NARRATION) STORY: U.S. House of Representatives Speaker Paul Ryan said on Thursday that Congress will pass legislation to raise the federal debt ceiling, noting that lawmakers have a number of options for avoiding default. "We will pass legislation to make sure we pay our debts and we will not hit the debt ceiling. We'll do this before the debt ceiling," Ryan said during a tax reform event at a Boeing plant in Washington state. "There are many different options in front of us on how we achieve that," he added. "We pay our debts in this country. We will continue to do so." President Donald Trump picked a new fight on Thursday with fellow Republicans whose support he needs to advance his policy agenda, saying congressional leaders could have avoided a "mess" over raising the U.S. debt ceiling if they had heeded his advice. In the latest in what have become regular criticisms of party leaders, Trump sought to assign blame if Congress fails to reach agreement on raising the cap on the amount the federal government may borrow, with a deadline to do so just weeks away. Trump said he had advised Senate Majority Leader Mitch McConnell and House of Representatives Speaker Paul Ryan to link passage of legislation raising the debt ceiling to a measure on veterans affairs that he signed on Aug. 12. "They ... didn't do it so now we have a big deal with Dems holding them up (as usual) on Debt Ceiling approval. Could have been so easy-now a mess!" he said in Twitter posts.

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'We will not hit the debt ceiling': Ryan

Thursday, August 24, 2017 - 00:31