(Worthy News) – President Trump shocked and angered Republicans on Wednesday by agreeing with Democrats on a bill to suspend the debt ceiling for three months, but by Thursday, Republican lawmakers and aides were acknowledging that Trump’s plan was better for Republicans than the plan put forward by House Speaker Paul Ryan, R-Wis.
Many Republicans weren’t all that happy with either proposal. Ryan was proposing an 18-month suspension of the debt ceiling that would have let the government keep borrowing as much as it needed, and said the long time frame was needed to provide for market stability.
But Democrats said they could only agree to a three-month suspension since they wanted leverage more immediately for other issues they want to pursue in the coming weeks. Trump’s decision to take the Democratic plan was seen by some as a betrayal of Republicans, and a sign Trump was abandoning the GOP on a key legislative package.
After the dust settled, however, Republican lawmakers and aides made it clear they saw the three-month plan as a slight improvement over Ryan’s plan. [ Source: Washington Examiner (Read More…) ]