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White House officials fan out to sell budget, debt limit pact
Fiscal hawks blast agreement: ‘Washington has all but abandoned economic sanity’

Treasury Secretary Steven Mnuchin arrives to attend the Senate Republican Policy luncheon in the Capitol on Tuesday, July 23, 2019. (Tom Williams/CQ Roll Call)

Treasury Secretary Steven Mnuchin visited Senate Republicans Tuesday to try to shore up support for the two-year spending caps and debt limit accord, amid bipartisan concern with tacking another $324 billion onto deficits — a figure that could more than quintuple when spread out over a decade.

Mnuchin sought to reassure Republicans at their weekly policy luncheon that President Donald Trump in fact supports the deal he reached Monday with Speaker Nancy Pelosi, of California, according to Senate Appropriations Chairman Richard C. Shelby and others.

White House, Hill leaders agree on two-year budget deal
‘This was a real compromise in order to give another big victory to our Great Military and Vets!’ Trump tweeted

President Donald Trump alongside Senate Majority Leader Mitch McConnell, R-Ky., left, and Sen. Roy Blunt, R-Mo., talks to the media about Robert Mueller’s report upon arriving for the Senate Republican Policy luncheon in the Capitol on March 26, 2019. Trump tweeted Monday he and both Senate and House leaders had agreed on a budget deal. (Tom Williams/CQ Roll Call)

House leaders released legislation late Monday that would implement the two-year accord on appropriations and the debt ceiling struck earlier in the day by the White House and top Democrats and Republicans on Capitol Hill.  

The 26-page draft bill, expected to get a House vote Thursday, calls for raising limits on discretionary spending by $321 billion over two years, compared to the strict caps imposed under a 2011 deficit reduction law.

Trump, Democrats split differences in two-year budget deal
Negotiators are still working on some ‘technical language’ issues

Treasury Secretary Steven Mnuchin has been updating President Donald Trump on talks between him and Speaker Nancy Pelosi on a potential deal on spending caps and the debt limit. (Tom Williams/CQ Roll Call file photo)

Updated 4:15 p.m. | The White House and congressional leaders are close to unveiling a spending and debt limit deal that would boost funding levels by nearly 4 percent across federal agencies, wiping out the 10 percent cuts that were scheduled to take effect under current law.

According to sources familiar with the proposal, the deal calls for a topline defense figure of $738 billion in fiscal 2020, or slightly higher than the House Democrats’ initial request for $733 billion, but short of the Trump administration’s $750 billion request, which includes cap-exempt accounts for troops serving in conflict zones overseas.

Road ahead: All eyes on the budget and debt limit deal, except when Mueller testifies
House to tackle border issues, while Senate will confirm Defense secretary, clear 9/11 compensation bill

Speaker Nancy Pelosi, D-Calif., wants to clear the debt deal this week before the chamber departs for the August recess. (Caroline Brehman/CQ Roll Call)

All eyes this week will be on whether House lawmakers are able to pass a deal to raise the debt limit and set spending levels for the next two years before leaving for the August recess on Friday.

That is except, of course, when former special counsel Robert S. Mueller III seizes all the attention when he testifies before the House Judiciary and Intelligence committees.

White House offers up extensive menu of cuts for spending caps deal
The administration wants at least $150 billion in savings

Speaker Nancy Pelosi is leading the talks for her side of the aisle. (Photo By Bill Clark/CQ Roll Call)

The Trump administration has laid out a wide array of spending cuts and tweaks to mandatory programs for Democratic leaders to consider for inclusion in a two-year discretionary caps and debt limit package.

The White House offsets menu includes $574 billion culled from items in President Donald Trump’s fiscal 2020 budget request, according to a source familiar with the proposal. In addition, there’s $516 billion in “structural reforms” obtained by extending current discretionary spending limits by another two years, through fiscal 2023.

Secret Service pressed for plan to avoid future Mar-a-Lago security breaches
A 33-year-old Chinese woman was arrested with malware, other suspicious items

President Donald Trump walks to speak with supporters after arriving on Air Force One at the Palm Beach International Airport to spend Easter weekend at his Mar-a-Lago resort on April 18, 2019. ( Joe Raedle/Getty Images)

Three senior Senate Democrats are pressing the U.S. Secret Service on whether security has been beefed up at President Donald Trump’s Florida and New Jersey resorts after a 33-year-old Chinese woman talked her way into his Mar-a-Lago property while he was there.

Yujing Zhang, 33, pleaded not guilty on charges of trespassing and lying to U.S. Secret Service agents after being arrested March 30 at the president’s Florida resort. When searched, she was found carrying a pair of passports, four mobile devices, a laptop computer, a thumb drive allegedly containing malware and one external hard drive.

Mnuchin says there is a topline agreement on spending caps and debt limit
Treasury secretary says talks continue on offsets and structure of a deal

Treasury Secretary Steven Mnuchin said Thursday that the White House, Senate and House have an agreement on a two-year debt ceiling increase. (Tom Williams/CQ Roll Call file photo)

Treasury Secretary Steven Mnuchin said Thursday that agreement has been reached on spending levels for fiscal 2020 and fiscal 2021 as well as a two-year extension of the debt limit.

“The good news is we’ve reached an agreement between the administration, the House and the Senate on topline numbers for both year one and year two. We’re now discussing offsets as well as certain structural issues. And we’ve agreed as part of that deal there would be a long-term, two-year debt ceiling increase,” Mnuchin said on CNBC’s “Squawk Box.” “So, I think, all of our first choice is to reach an overall agreement and we’re working hard to do that. But if for whatever reason we don’t get there in time, I am encouraging a debt ceiling increase.”

Pelosi: Debt ceiling, caps deal possibly on floor next Thursday
To make the deadline, talks would need to wrap up by this Friday night in order to post legislative text sometime over the weekend

Speaker of the House Nancy Pelosi, D-Calif., holds her weekly news conference on Wednesday, July 17, 2019. Pelosi said negotiators on a deal to lift tight discretionary spending caps and raise the debt ceiling aim to have a bill on the House floor next Thursday. (Caroline Brehman/CQ Roll Call)

House Speaker Nancy Pelosi said negotiators on a sweeping package that would lift tight discretionary spending caps and raise the debt ceiling are aiming to have a bill on the House floor next Thursday.

Accordingly, the California Democrat said, talks would need to wrap up by this Friday night in order to post legislative text sometime over the weekend, required under the House’s rule that 72 hours’ notice is necessary for lawmakers to read bills before voting on them. “When we have an agreement we’ll write it up, and we have to do all of that by Friday evening,” Pelosi told reporters.

Pelosi, Mnuchin appear close to spending caps, debt limit deal
Agreement would likely include a two-year extension of the debt limit and spending levels

Pelosi reiterated Tuesday her view that in addition to "parity" for nondefense and defense spending increases, funding should be added for Department of Veterans Affairs health care. (Photo By Bill Clark/CQ Roll Call)

House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin are close to making an announcement about spending caps and the debt limit.

“We have a clear understanding of what we want to agree to, and I think that's progress,” Pelosi said Tuesday afternoon after speaking with Mnuchin, who was preparing to leave Wednesday for the G-7 meeting in France. “We'll have an announcement about something soon, one way or the other.”

Rep. Will Hurd ‘honored’ to shave constituent’s head
Lisa Sanders, who lost her daughter in 2007 to a brain tumor, ‘braved the shave’ for cancer research fundraiser

Rep. Will Hurd shaves Lisa Sanders' head at a fundraiser for childhood cancer research on Tuesday. (Courtesy St. Baldrick's Foundation)

Rep. Will Hurd helped a hometown hero “brave the shave” Tuesday at a fundraiser for childhood cancer research.

The Texas Republican shaved the head of Lisa Sanders from Helotes, Texas, at a “46 Mommas” event hosted by St. Baldrick's Foundation — a volunteer- and donor-powered charity focused on curing childhood cancer, according to its website.