Below is from FNC’s Chad Pergram:
Urgent: Source: House R’s hope to debate debt ceiling bill Saturday
Per Pergram-Capitol Hill
A senior House source says not to expect any “text” of what the actual House GOP debt ceiling bill will look like tonight. However, Fox has learned that the tentative plan is to debate and vote on that package on Saturday.
The plan would raise the debt ceiling…and also approve the Keystone Pipeline…and give specific instructions for a “timetable” for tax reform.
The hope is that the House may pass the debt ceiling bill BEFORE the Senate bounces a revamped CR to fund the government back to the House for new consideration
Then, off-cam with Reps. Steve Southerland (R-FL) and James Lankford (R-OK) on the CR and debt ceiling.
Then we’re stuck
We’re not going to just vote on a clean CR.
· Lankford says the only reason the sides might try to a one week or short-term CR to avoid a shutdown is if there were “serious” negotiations going on with the Senate…and they truly needed the time to get a bonafide agreement as they “try to work this out.”
Lankford on the “goal” to vote on the House’s debt ceiling bill Saturday:
I don’t think anyone’s “goal” is to be here Saturday…there’s an awful lot of college football going on this weekend.
· Lankford also dismissed suggestions that the increase in the debt ceiling would be at $1 trillion or higher.
I don’t think it will have to be that high.
· Southerland says there’s nothing official on when the House might move on the debt ceiling nor how it will handle the CR when its kicked back from the Senate.
We’re in a wait-and-see mode. The Speaker was playing cards very close to his chest.
Southerland on how leadership is looking at various scenarios and when a debt ceiling vote might happen:
We discussed that today. We’re running the traps on every conceivable formula.
Senior Producer for Capitol Hill