Raise the debt ceiling before you go home

House Speaker Paul Ryan of Wis. speaks at a news conference on Capitol Hill in Washington Thursday
White House Says Congress May Need to Raise Debt Limit Earlier Than Anticipated
Author

26 May, 2017

Treasury Secretary Steven Mnuchin urged members of Congress Wednesday to increase the USA debt ceiling before taking their August recess, as the Trump administration warned that tax receipts were coming slower than expected.

Under the Joint Comprehensive Plan of Action (JCPOA), Iran undertook to put limitations on its nuclear program in exchange for the removal of nuclear-related sanctions imposed against Tehran.

The group's statement came not long after Treasury Secretary Steven Mnuchin told members of the House Ways and Means Committee he wanted to see the limit boosted without conditions before lawmakers leave for a five-week August break July 28. If you would like to discuss another topic, look for a relevant article.

When it comes to North Korea, the worldwide community, including the United States, has criticized a number of missile launches and nuclear tests that the Asian nation has carried out since the beginning of 2016, and tightened the sanctions regime against Pyongyang.

Although previous Treasury Secretaries like Henry Paulson (who served under President George W. Bush) and Jacob Lew (who served under President Barack Obama) have also hired counselors, they were at least partially motivated by the fact that the United States Senate was controlled by the opposition party at the time.

More news: Yaya Toure: Strong chance Manchester City will offer midfielder a new contract

IranAir has agreed to buy a total of 200 USA and European passenger aircraft worth a total of $35 billion - $37 billion at list prices, though such deals typically include big discounts. Iran Aseman Airlines has signed a Memorandum of Understanding (MOU) with Boeing for the purchase of thirty B737 MAX aircraft, with options for thirty more. All of the aircraft need US export licenses.

An Airbus spokesman had no immediate comment.

IranAir does not need further approvals to take delivery of the first 70 or so aircraft, they say, though legal experts have said the U.S. Treasury can withdraw licenses at any time.

Iran responded angrily to those sanctions, saying they were "unilateral" and "illegal".


More news


  • Monaco rejects Real Madrid's whopping €120m offer for Mbappe

    Monaco rejects Real Madrid's whopping €120m offer for Mbappe

    Monaco owner Dmitry Rybolovlev has revealed that he won't stand in the way of any players that want to leave the club. The 18-year-old was named Ligue 1's Young Player of the Year after scoring 15 goals to help Monaco win the title.
    F1 2017 | Hamilton wins in Spain with Vettel second

    F1 2017 | Hamilton wins in Spain with Vettel second

    Following Vettel and Hamilton were Kimi Raikkonen, Max Verstappen and Bottas as they tried to enter together in the first corner. My second stint was also pretty good: I managed to get close to Valtteri who was all over the place with his tyres.
    West Ham fans urge Bilic to give youngster a chance next season

    West Ham fans urge Bilic to give youngster a chance next season

    Adrian admits he wishes the season was not coming to an end now that he has finally found his way back into Slaven Bilic's graces. Bilic also confirmed that defender Winston Reid would be out for around 10 weeks after undergoing surgery on a knee injury.
  • Graco to recall 25000 child car seats

    Graco to recall 25000 child car seats

    Graco has recalled more than 25,000 vehicle seats because of an issue with the strength of their safety harnesses. The model numbers affected are: 1871689, 1908152, 1813074, 1872691, 1853478, 1877535, 1813015, and 1794334.
    Indian Army launches punitive fire assaults across LoC, many Pak posts destroyed

    Indian Army launches punitive fire assaults across LoC, many Pak posts destroyed

    They also released the video of the shooting which included loud explosions thick smoke due to the fire. The Indian Army has conducted similar operations in the Naugam sector on May 20 and 21.
    UN is no help with North Korea

    UN is no help with North Korea

    North Korea is also stepping up diplomatic actions to seek support and understanding from other countries over its missile launch. The two agree on the larger goal of a nuclear-free North, and both have said they are open to talks under the right conditions .
  • Trump to Retain Private Attorney for Russia Investigations

    Trump to Retain Private Attorney for Russia Investigations

    Russian Federation has denied involvement, and Trump has denied any collusion between his campaign and Russian Federation . Kasowitz has represented Trump for more than 15 years but he is not known as a criminal defense lawyer.
    Monaco win Ligue 1 title

    Monaco win Ligue 1 title

    AS Monaco allowed the second least shots per game (9.5), and have given up the second least goals in the league as well (29).
    Diamondbacks homer 3 times in 8th, beat skidding Mets 7-3

    Diamondbacks homer 3 times in 8th, beat skidding Mets 7-3

    Robles, who took his first loss of the season, gave up four runs in an inning in his previous outing, Saturday at Milwaukee. After Josh Edgin relieved Hansel Robles for the Mets, Daniel Descalso homered to cap off the six-run inning for Arizona.
  • 1 killed, 24 arrested in fresh violence in Saharanpur after Mayawati's rally

    1 killed, 24 arrested in fresh violence in Saharanpur after Mayawati's rally

    The government says it provides them protection through stringent laws, but the laws are loosely implemented by local authorities. Shabbirpur is home to around 600 Dalits and over 900 Thakurs.
    Instagram updates Explore with new location and hashtag stories

    Instagram updates Explore with new location and hashtag stories

    Snapchat users can now create Stories in collaboration with other users for the first time, the social media app has announced. From today, users will see new story rings at the top of Explore, showing stories happening near your location.
    NASCAR driver Aric Almirola says he felt 'helpless' in Saturday's awful  wreck

    NASCAR driver Aric Almirola says he felt 'helpless' in Saturday's awful wreck

    Being out 8-12 weeks and not having a chance at the Playoffs, obviously that stinks, especially coming off Talladega". Richard Petty Motorsports driver Aric Almirola talked about his broken back and his future Friday in North Carolina.