‘Big 4’ leaders to begin talks with White House on ambitious budget deal

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‘Big 4’ leaders to begin talks with White House on ambitious budget deal
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Top Democrats and Republicans will meet with White House officials next week

Speaker Nancy Pelosi, Senate Majority Leader Mitch McConnell, Senate Minority Leader Chuck Schumer and House Minority Leader Kevin McCarthy have agreed to begin negotiations on a two-year deal to lift stiff budget caps, according to multiple sources familiar with the talks.

Acting White House Chief of Staff Mick Mulvaney, Acting Office of Management and Budget Director Russ Vought, and Treasury Secretary Steven Mnuchin will take the lead for the Trump administration in the negotiations, the sources added."It’s still too early to speculate on what the outcome of these discussions will be, but as deficit spending continues to drive up our national debt, the administration will continue to push for fiscal responsibility,” the official said.

Especially for McConnell — who faces a tough Senate map in 2020 — a deal to steer clear of another government shutdown this fall is critical. McConnell worked hard to avoid the partial government shutdown last December, only to see conservatives successfully lobby Trump to reject a stopgap bill that didn’t include funding for his border wall and trigger the 35-day crisis.

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