14. The suspension in the debt ceiling enacted in 2015 is set to be reinstated on March 16 of this year. It is crucial that the Federal government be able to meet its legal, financial obligations in full and on time. However, one of your fellow nominees, Mick Mulvaney, who President Trump has nominated to be OMB Director, disagrees, arguing that breaching the debt ceiling is not much of a concern.
Can you tell us, will President Trump call upon Congress to enact a clean increase in the debt ceiling at the appropriate time?
The timely enactment of the debt ceiling limit in early 2017 is an important priority for the Administration. Delay on this matter should not be linked to budgetary and other considerations facing Congress, as the debt limit merely addresses funding the obligations that the United States has already incurred and does not address future budgetary commitments.