Congressional leaders and the Trump administration finished a round of breakneck budget talks on Tuesday with no resolution but a commitment to keep negotiating and try to clinch a debt and spending agreement that would avoid fiscal catastrophe.
After meeting for two hours on Tuesday morning in Speaker Nancy Pelosi’s office, Senate and House leaders left a second round of discussions in Senate Majority Leader Mitch McConnell’s suite still hung up on how much domestic spending will be part of a two-year budget deal and whether new spending will be offset by new revenues or cuts elsewhere, according to a person familiar with the talks.
Senate Minority Leader Chuck Schumer (D-N.Y.) said the leaders and the president are still “trying to get an agreement.”
“One of the biggest questions is how to deal with the middle class on the domestic side,” Schumer said.
House Minority Leader Kevin McCarthy (R-Calif.) said the parties agreed to meet again but haven’t yet set a date.
“Deals like this take time,” he said.