President Donald Trump’s threats to shut down the government in October over border wall funding triggered concerns on Capitol Hill and could complicate Congress’s job of raising the debt ceiling.
Congress needs to pass a spending measure to keep the government open by Sept. 30 — the same time it’s facing a deadline to raise the nation’s debt limit. GOP leaders don’t have a plan yet for how they’ll proceed but one likely scenario is to package the two measures together to get them to the president’s desk.
Trump’s shutdown threat may just be part of the routine bluster he employs in negotiations, but it still raises the specter of a potentially market-shaking showdown if he decides to follow through on it.
Trump has made clear for months he wasn’t happy with the last bipartisan spending deal in May because it didn’t fund a new wall on the southern border, his