“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.”