Budget talks between Trump Administration, Pelosi spill into the weekend
Budget talks between the Trump administration and Speaker Nancy Pelosi (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.
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."
Schumer told reporters Thursday afternoon that offsets were the "major outstanding issue."
"That's what we're discussing. We're close. And I think there's a desire to come to an agreement from all of us. My worry here [is] ... if Mulvaney tries to be too hard on the offset side that we wouldn't come to an agreement," Schumer said, referring to acting White House chief of staff Mick Mulvaney.
"Republican negotiators from Congress and the White House cannot allow such a deal to proceed, particularly when the end result will be a Democratic-led crusade to use poison-pill spending riders to undercut the White House's deregulatory agenda, homeland safeguards and pro-life policies," Republican Study Committee (RSC) Chairman Sen. Mike Johnson (R-La.) and RSC Budget and Spending Task Force Chairman Rep. Jim Banks (R-Ind.) said in a joint statement.
The Club for Growth is taking issue with the deal because it would add to the debt, saying "congressional Leadership continues to aggressively pursue spending agreements that propel our country toward bankruptcy and fiscal crisis."
The Committee for Responsible Federal Budget, a budget watchdog group, said in a statement Friday that any budget deal shouldn't add to the debt.
Meanwhile, the Heritage Foundation argued that Congress should reject a budget caps deal and "instead focus on constitutional priorities, such as national defense, within the current cap levels."
"However, if Congress does pursue an agreement to raise discretionary spending, it must ensure that any new spending is fully offset by immediate mandatory spending reforms," the group added.
Story taken from the hill
20th July 2019