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Mulvaney, Mnuchin Divided On ‘Clean’ Debt Ceiling Increase

A recent interview by the New York Times suggests Treasury Secretary Steven Mnuchin and Budget Director Mick Mulvaney are divided on the issue of whether the administration should push for a ‘clean’ debt ceiling increase or attach preconditions to it. Mulvaney told the Times that, “Steven is on record in his hearings last week that his preference is to see the debt ceiling raise clean…I think I’ve made it clear that my preference would be to add some spending reforms to it.” Asked what types of reforms he would seek to add, Mulvaney mentioned “changing the Budget Act of 1974” and pushing for “good governance”, noting that he has a four page document on his desk detailing some of the options the White House could pursue. Keep Reading

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