Republicans and Democrats are nearing a deal on an epic spending clash, with aides confirming negotiations regarding $39 billion or so in cuts but GOP leadership cautioning rank-and-file members a deal has not been finally struck.
Meanwhile, preparations are underway for a clean continuing resolution bill, likely initiated from the Senate, to help avert shutdown during the process of enacting legislation reflecting a deal.
“It’s close,” said a person close to the process.
The potential deal would result in net cuts to domestic spending of $39 billion, boost defense spending by $5 billion and ditch key policy riders pushed by Republicans.
A deal with $39 billion in cuts and no provisions to defund Planned Parenthood or strict new EPA regulations could encounter some opposition from the right flank of Boehner’s party but not an outcry, sources expect.
Republicans are meeting at 9:45pm for an “update on spending discussions.”