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MSN.com
White House,
GOP near 2-year budget deal 9 / 64
Alexander Bolton
The Hill
Senior White House officials and congressional leaders are nearing a
deal to raise the debt limit and set the federal budget for the next
two years, say sources familiar with the talks.
The agreement is not yet final, as negotiators still need to settle a
dispute over controversial policy riders, but congressional leaders
hope to announce something Monday evening, according to a Senate
source. The deal would cover the 2016 and 2017 fiscal years.
White House budget director Shaun Donovan and legislative affairs
director Katie Beirne Fallon are hammering out the package with staff
representing Senate Majority Leader Mitch McConnell (R-Ky.), Speaker
John Boehner (R-Ohio), Senate Democratic Leader Harry Reid (Nev.) and
House Democratic Leader Nancy Pelosi (Calif.).
House Ways and Means Chairman Paul Ryan (R-Wis.) is expected to be
elected Speaker on Thursday, but he has not taken part in these budget
negotiations, aides said. In recent weeks, Boehner has said he wants to
"clean the barn up a little bit" before he leaves Congress at the end
of the week.
Legislation to raise the debt ceiling and fund the government is
central to the deal, but the talks are also said to include measures
that would fund highway and infrastructure construction and renew the
Export-Import Bank for one year.
“Hopefully we’re able to announce something this evening,” said the
Senate source, who added the length of the agreement has yet to be
finalized...
Read the rest of the article at MSN.com
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