Pelosi rejects short-term debt ceiling hike as budget talks extend

House Speaker Nancy Pelosi Monday night turned aside the notion of a short-term debt ceiling hike as she continues negotiating on a broader budget deal with Treasury Secretary Steven Mnuchin.After days of hashing out their positions over the phone, Pelosi (D-Calif.) and Mnuchin spoke again Monday night, with plans to talk on Tuesday, according to a Pelosi aide.“We shall see,” Pelosi said when asked about the possibility of striking a sweeping two-year agreement before the August recess that lifts the budget caps and the debt limit.“The issues are what they are. They’ll be here now, they’ll be here later,” she said. “The interests of the full faith and credit of the United States of America are served by us doing this as soon as possible.”Pelosi would not speculate on a backup plan if congressional leaders and the White House fail to strike an accord before the break.The speaker outlined her

Politico News - Congress (Caitlin Emma)

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