Trump agrees to Democrat deal on spending and Harvey aid


The top Democratic leaders met with Trump in the White House along with GOP Speaker Paul Ryan and Senate Majority Leader Mitch McConnell. Until Wednesday, that hasn't happened.

In a joint statement after the meeting, Pelosi and Schumer signaled that Trump agreed to punt everything to December.

The U.S. dollar got a boost on news of agreement on the debt ceiling, which caps how much money the U.S. government can borrow. Failure to raise the ceiling could cause a meltdown in world financial markets.

A source briefed on the meeting said Treasury Secretary Steve Mnuchin and all Republicans there argued for a debt limit increase for a longer period.

Taken together, Trump's moves appeared to show little regard for the imperatives of his party leaders. "We agreed to a three-month extension on debt ceiling, which they consider to be sacred, very important".

He also accused the Democrats of attempting to "play politics with the debt ceiling".

The recent poll showed the split between the US Democrats, who believe Trump failed to adequately contribute to Hurricane Harvey's relief, and the Republicans, who totally disagree with this issue.

The House bill, H.R. 3672, meets a White House request for $7.4 billion in disaster funds for the Federal Emergency Management Agency and $450 million in funding for the Small Business Administration.

The move also buys nearly three months, until December 15, for Washington to try to solve myriad other issues, including more funding for the military, immigration and health care, and a longer-term increase in the government's borrowing authority to avoid a first-ever default.

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Trump first visited Austin and Corpus Christi in USA state of Texas on August 29 in the wake of Hurricane Harvey.

The president gave neither what they wanted.

Ryan on Wednesday said "we will not leave" until the relief package is passed. The only thing Trump really wants from Democrats is funding for the wall, and he foolishly thinks that a big debt ceiling/shutdown showdown right before Christmas will increase his leverage to get it.

It's unlikely that this particular accord signals an age of bipartisan bonhomie in Washington.

Following the meeting, Trump and his team left for his speech in North Dakota on tax reform, an issue Republicans had hoped to work on this fall, and an issue that at least one aide said was made more hard by Trump's comments Thursday.

The remarkable turn of events left Republican congressional leaders, in control of both chambers of the legislative branch, "shell-shocked" and "visibly annoyed", and showcased how a President who also authored "The Art of the Deal" actually cuts one. On Tuesday, the Trump administration announced that it would discontinue the 2012 program established by Barack Obama to allow some 800,000 "Dreamers" to live in the USA and receive work permits if they met various conditions, such as avoiding criminal activity.

Democratic lawmakers, holding a press event on Capitol Hill, repeatedly emphasized the need for a solution to protect recipients of the Obama-era Deferred Action for Childhood Arrivals program, which allows young undocumented immigrants brought to the United States as children to live, work and study in the U.S. without fear of deportation.

"I think that's a ridiculous idea", Ryan responded.