Washington • Hurricane Harvey has devastated Texas. Now board your windows, evacuate the low ground and watch the damage it is poised to unleash on the nation’s finances.
Harvey makes landfall in Washington as soon as next week, when President Trump is expected to ask for what could be tens of billions of dollars in storm relief. And paying for storm recovery will be but the first blow to fiscal discipline in what looks to be a particularly active, and calamitous, spending season.
After Harvey comes the debt ceiling, and there are rumblings that the vote to raise the limit could actually be used to increase spending.