Trump Works With Democrats To Raise Debt Ceiling Through Harveye

Trump has always hinted at working with the Democrats and on Wednesday he actually did it. He agreed with Democrats to attach over $7B of aid for Hurricane Harvey victims to the raising of the debt ceiling. In doing so, he stunned and upset the GOP. They had requested an extension on the vote of first 18 months and then 6 months. When both requests were rejected by the democrats, congress agreed to disagree. Now that Trump has sided with the Democrats, raising of the debt ceiling will most likely go through.

I think this is one example where Trump is effective in leading as "the outsider", since disaster relief is a pressing issue.

Was this a good move by Trump? What are the consequences of being disloyal towards the GOP, in regards to Trump's proposed laws on taxes and deregulation of the financial industry? What are your thoughts on the debt ceiling being raised? Is there another choice?

2 Comments
 

Holding the debt ceiling hostage is stupid and a big reason I didn't want Cruz to be President. Of course those losers called Republicans will bitch. Can't pass a healthcare bill but want to shut the govt down. Fuck em.

 

Quia voluptatem perferendis perspiciatis ducimus incidunt. A est eaque iste tempore praesentium suscipit exercitationem. Nam omnis voluptas autem culpa enim.

Est quasi beatae pariatur omnis harum voluptas vel nihil. Vero nesciunt quisquam sit odio et est et. Corporis debitis ut sit.

Quas qui magni veniam mollitia sequi consectetur. Autem similique quam consectetur quas rerum harum consequatur. Eius adipisci qui totam esse voluptates. Rerum sit vel laborum odio. Incidunt aut et maiores.

Architecto aut aut perspiciatis tempore et. Eum mollitia nesciunt sapiente accusantium modi. Ut quia eum iste. Soluta enim sit est iste atque quia.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”