Budget Negotiators Close to Deal on Debt, Spending

“The Trump administration and House Speaker Nancy Pelosi are on the cusp of the critical debt and budget deal, one that would amount to an against-the-odds victory for Washington pragmatists seeking to avoid politically dangerous tumult over must-do fiscal deadlines,” the Associated Press reports.

“The agreement on an outline for $1.3 trillion in agency spending would represent a win for lawmakers eager to return Washington to a more predictable path amid political turmoil and polarization, defense hawks determined to cement big military increases and Democrats seeking to protect domestic programs. Nobody can claim a big win but both sides view it as better than a protracted battle this fall that probably wouldn’t end up much differently.”