financial market fret fiscal situation washington deadlines loom late september early october keep u.s. government open raise debt ceiling congress return tuesday aid affect hurricane harvey respond president donald trump decision scrap program shield immigrants bring u.s. illegally children deportation add already-packed agenda need know fiscal politically connect issue play month debt ceiling legal cap much money u.s. government borrow bond debt issue u.s. treasury stand 19.8 trillion close actual national debt ceiling hit congress must raise government keep borrow matter government spend collect tax washington continually borrow money cover bill legislation raise debt limit need adopt early october late treasury however say congress must increase debt ceiling sept. 29. since march treasury use extraordinary measure stave hit ceiling likely could stave default weeks use extraordinary measure analysts say debt ceiling raise government long pay bill default would result along likely downgrade u.s. credit rat never happen close call standoff august 2011 cost country top-notch bond rat credit rat agency standard poor cause jar two weeks financial market since 2007-2009 global financial crisis congress suppose pass annual spend bill around end federal fiscal year sept. 30 fund u.s. government disagreements often prevent happen lawmakers usually pass temporary bill extend current spend level change short period expect happen end month likely extend current fund level december congress return long summer recess 12 work days pass spend measure probably short-term patch know continue resolution keep government open even short-term patch agree upon congress president decide veto either long-term short-term spend measure government would shut last time government shut october 2013 two weeks 1990s 1980s 1970s 17 shutdowns shutdowns hurt federal workers rattle market shake confidence unite state abroad do little last economic damage two move separate track could get tangle together analysts say congress may try tackle issue time perhaps single piece legislation pass initial tranche federal aid expect billion individuals affect hurricane harvey top congressional agenda senate majority leader mitch mcconnell say tuesday raise debt ceiling keep government open pass assistance package harvey victims three critically important things congress need get do quickly speculation harvey aid could tie short-term continue resolution measure raise debt ceiling three could link way separate harvey assistance national flood insurance program operate federal emergency management agency expire sept. 30. program provide insurance policies homeowners cover 350,000 damage congressional disagreements change program operate debt treasury complicate plan restructure program past yet clear harvey generate additional claim make cash-strapped program affect time scope renewal trump tuesday scrap obama-era program know defer action childhood arrivals daca protect deportation bring illegally u.s. children trump delay implementation decision six months say would give congress time figure legislative fix would affect almost 800,000 young people participate program know dreamers yet clear whether congress work quickly pass measure affect dreamers pursue larger-scale overhaul immigration system chance republican-led congress continue make priority repeal replace former president barack obama signature healthcare law slim previous efforts end defeat important obamacare-related deadlines loom trump administration make obamacare payments insurers reduce out-of-pocket cost lower-income americans month-to-month basis must decide end september whether make october payment congress could step approve payments additional legislation relate part obamacare children health insurance program chip federal insurance program millions lower-income children pregnant women require congressional reauthorization sept. 30. chip reauthorization typically contentious program receive bipartisan support lobbyists industry officials say healthcare-related legislation become complicate wake obamacare repeal-and-replace failure trump kick new legislative session tax reform effort tuesday invite key republican leaders white house outline plan develop could come early week sept. 11. senate republicans want use special process know budget reconciliation pass tax reform would find simple majority 51 senators pass instead 60 vote typically require 100-seat senate republicans hold 52 seat use process republicans first pass 2018 budget resolution far unable factbox u.s. congress aim tackle debt limit hurricane aid fund government