Pablo Martinez Monsivais / AP

The Issue:

Congress faces an October deadline to raise the debt limit. In a tweet on Wednesday President Trump blamed Republican Congressional leaders for making it a "mess."

Why it matters:

Failing to raise the debt-limit would be unprecedented. The Bipartisan Policy Center (BPC) said the impact would be "chaotic" as the U.S. Treasury picks payments to make based on available cash, meaning some things, like Social Security benefits, Medicare and Medicaid reimbursements, and even salaries for soldiers might not be paid on time. A 2015 report by Congressional investigators said the impact on financial markets would be "sudden and severe."

The facts:

Treasury Secretary Steven Mnuchin has told Congress the debt limit must be raised by Sept. 29. The debt limit was suspended until March of this year, and since then the Treasury has been using so-called "extraordinary measures" to meet its obligations. Those will be exhausted sometime in October, though the exact date is unknown.

Congressional leaders and President Tump's advisers have said there will be no problem raising the debt limit. But any action will require support from Democrats and some House Republicans have in the past used the debt-limit debate to call for spending cuts.

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Updated 3 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 4:30 p.m. ET: 21,020,216 — Total deaths: 761,393— Total recoveries: 13,048,303Map.
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Harris: "Women are going to be a priority" in Biden administration

Sen. Kamala Harris at an event in Wilmington, Del. Photo: Drew Angerer/Getty Images

In her first sit-down interview since being named Joe Biden's running mate, Sen. Kamala Harris talked about what she'll do to fight for women if elected VP, and how the Democrats are thinking about voter turnout strategies ahead of November.

What they're saying: "In a Biden-Harris administration women are going to be a priority, understanding that women have many priorities and all of them must be acknowledged," Harris told The 19th*'s Errin Haines-Whack.

Facebook goes after Apple

Illustration: Lazaro Gamio/Axios

Facebook is seeking to force a face-off with Apple over its 30% in-app purchase commission fee, which Facebook suggests hurts small businesses struggling to get by during the pandemic.

The big picture: Facebook has never publicly gone after Apple, a key strategic partner, this aggressively. Both companies face antitrust scrutiny, which in Apple's case has centered on the very fee structure Facebook is now attacking.