Article snippet: Negotiations between the Trump administration and Speaker MORE (D-Calif.) on a two-year budget and debt ceiling deal are spilling over into the weekend amid growing signs of alarm from conservatives. The talks are down to discussions over the amount of cuts, or offsets, that will be included to help pay for the agreement to increase total defense and nondefense spending over the next two years. The administration is pushing for at least $150 billion in cuts to be included in the agreement. The White House reportedly sent a list of $574 billion in potential cuts to congressional leaders. A Democratic source close to talks characterized the list as an opening salvo from the administration as the two sides haggle. “This is the White House’s starting point for negotiations on this aspect. They understand these levels are non-starters for us. Talks will continue," the source said. But the back-and-forth comes as negotiators have little time to finalize a deal by Pelosi's deadline of Friday night. The House is set to leave on June 26 until after Labor Day. Pelosi had seen Friday night as a necessary deadline to ensure the House could conclude work on the deal before leaving town at the end of next week. Pelosi and Mnuchin spoke on Friday for approximately 15 minutes, a Pelosi aide said early Friday evening, adding that "conversations will continue." Democratic leadership and Treasury Secretary MORE indicated on Thursday that they were close to a final deal after ... Link to the full article to read more
Budget talks between White House, Pelosi spill into weekend | TheHill
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