McConnell: 'Obviously' Congress will increase debt ceiling
© Greg Nash

Senate Majority Leader Mitch McConnellAddison (Mitch) Mitchell McConnellGOP acknowledges struggle to bring down Biden Pew poll: 50 percent approve of Democrats in Congress Pelosi on power in DC: 'You have to seize it' MORE predicted on Tuesday that lawmakers would increase the debt ceiling and avoid a government default. 

"We'll be talking to the secretary of the Treasury about timing, obviously we will raise the debt ceiling," the Kentucky Republican told reporters when asked about timing and whether the GOP would demand spending cuts as part of the vote. 
 
Treasury Secretary Steven Mnuchin sent a letter to congressional leaders last week asking them to increase the debt ceiling "at the first opportunity."
 
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Congress voted in 2015 to suspend the debt ceiling through March 15 of this year. Once it is reinstated on Thursday, Treasury officials are expected to take temporary measures to prevent the U.S. from defaulting. 
 
Senate Minority Leader Charles SchumerChuck SchumerPew poll: 50 percent approve of Democrats in Congress Former state Rep. Vernon Jones launches challenge to Kemp in Georgia Schumer lays groundwork for future filibuster reform MORE (D-N.Y.) sidestepped questions about what Democrats will do if Republicans try to attach the debt ceiling to other issues. 
 
"We'll cross that bridge when we come to it," he said. "[But] we're going to have to have some of our Republican colleagues step up to the plate on this issue." 
 
Republicans have previously demanded spending cuts or entitlement reform in exchange for increasing the debt ceiling. 

Top Democrats on two House committees separately sent Trump a letter saying he should "send a clear message that the United States will continue to pay its debts, on time, and in full."