Sign up for our daily briefing
Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Denver news in your inbox
Catch up on the most important stories affecting your hometown with Axios Denver
Des Moines news in your inbox
Catch up on the most important stories affecting your hometown with Axios Des Moines
Minneapolis-St. Paul news in your inbox
Catch up on the most important stories affecting your hometown with Axios Twin Cities
Tampa Bay news in your inbox
Catch up on the most important stories affecting your hometown with Axios Tampa Bay
Charlotte news in your inbox
Catch up on the most important stories affecting your hometown with Axios Charlotte
Pablo Martinez Monsivais / AP
President Trump's budget director, Mick Mulvaney, told reporters Thursday that the administration is on board with supporting the "cleanest possible" debt ceiling increase, and will no longer seek spending cuts, per CBS News. Mulvaney had previously pressed for the cuts as part of the deal, but he ultimately agreed with Treasury Secretary Steven Mnuchin on a clean hike.
Why it matters: The move could put the White House at odds with its party, as members of the Tea Party and House Freedom Caucus have been publicly advocating for the cuts.
The Senate is expected to break for August recess on Thursday, and the House left for the month-long break last Friday. Meanwhile, the debt ceiling hike needs to be passed by the end of the 2017 fiscal year, or Sept. 30, to avoid a government shutdown.