White House does not yet have plan on debt limit: budget chiefWASHINGTON (Reuters) - The White House has not settled on a plan for working with Congress to raise the federal debt limit, U.S. budget director Mick Mulvaney said on Thursday, even as the deadline loomed for the government to increase its borrowing authority. The Trump administration has urged Congress to increase the debt limit before it heads out for its August recess, but Mulvaney said officials had not decided what form the legislation should take. “There are various thoughts about how to get something passed, but I don’t think we’ve settled on how to move forward yet,” Mulvaney told reporters at a briefing. “Will it be a clean debt ceiling vote? Will it be a debt ceiling vote with some type of reforms attached to it? I don’t think we’ve settled on that.”  The U.S. government has a legal limit on how much it can borrow, currently set at about $19.8 trillion. The limit can be increased only by a vote of Congress. The White House has sent mixed signals on how the debt limit should be handled by lawmakers.  Treasury Secretary Steven Mnuchin asked lawmakers to pass a bill without any measures attached to it. However, Mulvaney, a conservative Republican, was known to favor using the debt limit as leverage to get spending cuts during his time in Congress, before he was tapped to be budget director.      He downplayed any disagreements within the administration, saying it was not unusual for a Treasury secretary and a budget director to have different views on the debt limit.  “It is not a source of division right now in the White House, nor is it a source of division in the party,” he said. But on Capitol Hill, the House Freedom Caucus, an influential group of about three dozen conservative Republican lawmakers to which Mulvaney once belonged, has called for any increase in the debt ceiling to be linked to reforms that cut unnecessary spending and work toward balancing the U.S. budget. Freedom Caucus leader Mark Meadows said on Thursday he favored such a conditional raising of the debt ceiling by about $1.5 trillion, which he believes may be somewhat less than what the Trump administration wants. “There’s a number of us who are talking about a $1.5 trillion range, as long as there are some structural reforms, some other things that could go along with that,” Meadows said in the House Speaker’s Lobby. Republicans control the White House and both chambers of Congress. Generally, conservative Republicans have attempted to use the debt limit to push fiscal reform, while Democrats and moderate Republicans have opposed such ultimatums. Lower tax revenues this year have forced the U.S. Treasury to borrow more money to cover the federal budget deficit, which may lead to the government hitting its legal debt limit sooner than expected, experts say. Mnuchin said Monday that the government would be able to pay its bills at least through early September. politicsNews
white house yet plan debt limit budget chiefwashington reuters the white house settled plan working congress raise federal debt limit budget director mick mulvaney said thursday even deadline looked government increase borrowing authority the trump administration urged congress increase debt limit heads august recess mulvaney said officials decided form legislation take there various thoughts get something passed i think settled move forward yet mulvaney told reporters briefing will clean debt ceiling vote will debt ceiling vote type reforms attached i think settled the government legal limit much borrow currently set trillion the limit increased vote congress the white house sent mixed signals debt limit handled lawmakers treasury secretary steven mnuchin asked lawmakers pass bill without measures attached however mulvaney conservative republican known favor using debt limit leverage get spending cuts time congress tapped budget director he downplayed disagreements within administration saying unusual treasury secretary budget director different views debt limit it source division right white house source division party said but capitol hill house freedom caucus influential group three dozen conservative republican lawmakers mulvaney belonged called increase debt ceiling linked reforms cut unnecessary spending work toward balancing budget freedom caucus leader mark meadows said thursday favored conditional raising debt ceiling trillion believes may somewhat less trump administration wants there number us talking trillion range long structural reforms things could go along meadows said house speaker lobby republicans control white house chambers congress generally conservative republicans attempted use debt limit push fiscal reform democrats moderate republicans opposed ultimatum lower tax revenues year forced treasury borrow money cover federal budget deficit may lead government hitting legal debt limit sooner expected experts say mnuchin said monday government would able pay bills least early september politicsnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: White House does not yet have plan on debt limit: budget chiefWASHINGTON (Reuters) - The White House has not settled on a plan for working with Congress to raise the federal debt limit, U.S. budget director Mick Mulvaney said on Thursday, even as the deadline loomed for the government to increase its borrowing authority. The Trump administration has urged Congress to increase the debt limit before it heads out for its August recess, but Mulvaney said officials had not decided what form the legislation should take. “There are various thoughts about how to get something passed, but I don’t think we’ve settled on how to move forward yet,” Mulvaney told reporters at a briefing. “Will it be a clean debt ceiling vote? Will it be a debt ceiling vote with some type of reforms attached to it? I don’t think we’ve settled on that.”  The U.S. government has a legal limit on how much it can borrow, currently set at about $19.8 trillion. The limit can be increased only by a vote of Congress. The White House has sent mixed signals on how the debt limit should be handled by lawmakers.  Treasury Secretary Steven Mnuchin asked lawmakers to pass a bill without any measures attached to it. However, Mulvaney, a conservative Republican, was known to favor using the debt limit as leverage to get spending cuts during his time in Congress, before he was tapped to be budget director.      He downplayed any disagreements within the administration, saying it was not unusual for a Treasury secretary and a budget director to have different views on the debt limit.  “It is not a source of division right now in the White House, nor is it a source of division in the party,” he said. But on Capitol Hill, the House Freedom Caucus, an influential group of about three dozen conservative Republican lawmakers to which Mulvaney once belonged, has called for any increase in the debt ceiling to be linked to reforms that cut unnecessary spending and work toward balancing the U.S. budget. Freedom Caucus leader Mark Meadows said on Thursday he favored such a conditional raising of the debt ceiling by about $1.5 trillion, which he believes may be somewhat less than what the Trump administration wants. “There’s a number of us who are talking about a $1.5 trillion range, as long as there are some structural reforms, some other things that could go along with that,” Meadows said in the House Speaker’s Lobby. Republicans control the White House and both chambers of Congress. Generally, conservative Republicans have attempted to use the debt limit to push fiscal reform, while Democrats and moderate Republicans have opposed such ultimatums. Lower tax revenues this year have forced the U.S. Treasury to borrow more money to cover the federal budget deficit, which may lead to the government hitting its legal debt limit sooner than expected, experts say. Mnuchin said Monday that the government would be able to pay its bills at least through early September. politicsNews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: white house yet plan debt limit budget chiefwashington reuters the white house settled plan working congress raise federal debt limit budget director mick mulvaney said thursday even deadline looked government increase borrowing authority the trump administration urged congress increase debt limit heads august recess mulvaney said officials decided form legislation take there various thoughts get something passed i think settled move forward yet mulvaney told reporters briefing will clean debt ceiling vote will debt ceiling vote type reforms attached i think settled the government legal limit much borrow currently set trillion the limit increased vote congress the white house sent mixed signals debt limit handled lawmakers treasury secretary steven mnuchin asked lawmakers pass bill without measures attached however mulvaney conservative republican known favor using debt limit leverage get spending cuts time congress tapped budget director he downplayed disagreements within administration saying unusual treasury secretary budget director different views debt limit it source division right white house source division party said but capitol hill house freedom caucus influential group three dozen conservative republican lawmakers mulvaney belonged called increase debt ceiling linked reforms cut unnecessary spending work toward balancing budget freedom caucus leader mark meadows said thursday favored conditional raising debt ceiling trillion believes may somewhat less trump administration wants there number us talking trillion range long structural reforms things could go along meadows said house speaker lobby republicans control white house chambers congress generally conservative republicans attempted use debt limit push fiscal reform democrats moderate republicans opposed ultimatum lower tax revenues year forced treasury borrow money cover federal budget deficit may lead government hitting legal debt limit sooner expected experts say mnuchin said monday government would able pay bills least early september politicsnews