- Nancy Pelosi and Chuck Schumer announced the news in a joint statement after meeting with Trump and Congressional leadership at the White House.
- According to a source briefed on the meeting with POTUS, "McConnell, Ryan, McCarthy, and Mnuchin all advocated for a longer debt limit. Basically everyone with an R behind their name."
- Paul Ryan said earlier today that this was a "ridiculous" and "disgraceful" move since it was playing politics.
- Trump agreed with Schumer and Pelosi on short term debt, McConnell wanted a continuing resolution to be a part of that package, according to a person familiar with the debate.
Pelosi and Schumer's statement:
"In the meeting, the President and Congressional leadership agreed to pass aid for Harvey, an extension of the debt limit, and a continuing resolution both to December 15, all together. Both sides have every intention of avoiding default in December and look forward to working together on the many issues before us. As Democratic leaders, we also made it clear that we strongly believe the DREAM Act must come to the floor and pass as soon as possible and we will not rest until we get this done."
| Axios |
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