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Trump endorses short-term debt-limit increase backed by Democrats: President Trump endorsed a short-term increase in the nation’s debt limit suggested by Democratic leaders Wednesday, a strategy that puts him at odds with many in his own party — including House Speaker Paul Ryan, R-Wis.

Ryan earlier Wednesday said lumping multiple bills together on a short-term basis was “ridiculous” — but Senate Majority Leader Mitch McConnell, R-Ky., announced he’d adopt the strategy moving forward after Trump backed it.

In a joint statement, Senate Minority Leader Chuck Schumer, D-N.Y., and House Minority Leader Nancy Pelosi, D-Calif., said that in a Wednesday White House meeting, “the President and Congressional leadership agreed to pass aid for (Hurricane) Harvey, an extension of the debt limit, and a continuing resolution both to December 15, all together. Both sides have every intention of avoiding default in December and look forward to working together on the many issues before us.”

Trump confirmed the deal to reporters aboard Air Force One on his way to North Dakota for a speech on tax reform.

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Trump endorses short-term debt-limit increase backed by Democrats: President Trump endorsed a short-term increase in the nation’s debt limit suggested by Democratic leaders Wednesday, a strategy that puts him at odds with many in his own party — including House Speaker Paul Ryan, R-Wis.Ryan earlier Wednesday said lumping multiple bills together on a short-term basis was “ridiculous” — but Senate Majority Leader Mitch McConnell, R-Ky., announced he’d adopt the strategy moving forward after Trump backed it.In a joint statement, Senate Minority Leader Chuck Schumer, D-N.Y., and House Minority Leader Nancy Pelosi, D-Calif., said that in a Wednesday White House meeting, “the President and Congressional leadership agreed to pass aid for (Hurricane) Harvey, an extension of the debt limit, and a continuing resolution both to December 15, all together. Both sides have every intention of avoiding default in December and look forward to working together on the many issues before us.”