Scoop: The U.S. Chamber of Commerce is jumping into Alabama's hot GOP Senate primary, endorsing incumbent Sen. Luther Strange.
Art of the Deal? Not so much.
Here's what Trump did:
He ignored the pleas of his own Treasury Secretary Steven Mnuchin, and of Republican leaders Paul Ryan and Mitch McConnell, and he sided with the Pelosi-Schumer plan to combine Hurricane Harvey relief funding with extending the debt limit and funding the government, both for three months.Republican leadership sources say Democrats were bluffing and would never follow through on their threat to oppose a longer-term debt ceiling increase.Why this matters: Hurricane Harvey gave Republican leadership a rare opportunity to take the most controversial and politically toxic item — the debt ceiling — off the table for the rest of this Congress. Trump has blown up that opportunity.
When the debt ceiling and government funding bills expire in December, Democrats will have all the leverage, because Republicans can't pass a CR or debt ceiling without Democratic votes. That will also force Republicans to support a funding bill that legalizes the protection of illegal immigrants who were brought to the U.S. as children (the DACA program that Trump says he'll end in six months if Congress doesn't act.)
A top Republican close to leadership captures the prevailing sentiment on Capitol Hill today: "Dems bluffed their way into total victory."
60-cent stamps are on the horizon, according to a new analysis. Quick details.