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
Associated Press
U.S. Treasury Secretary Steve Mnuchin today sent a letter to House leaders, asking that they vote to raise the federal debt ceiling:
"Beginning in Thursday, March 16, 2017, the outstanding debt of the United States will be at the statutory limit. At that time, Treasury anticipates that it will need to start taking certain extraordinary measures in order to temporarily prevent the United States from defaulting on its obligations."
This would suggest that President Trump also supports an increase to the debt ceiling, although Sean Spicer punted on the questions when asked during today's White House press briefing.
History: Mick Mulvaney, Trump's director of the Office of Management and Budget, voted against raising the debt ceiling while serving as a U.S. congressman from South Carolina. Trump also has expressed a willingness, in the past, to let the U.S. effectively default on its debt: