The Trump administration and congressional leaders have “reached an agreement“ on overall spending levels in addition to settling on a two-year debt limit increase, Mnuchin said
Both have stressed that they‘re making good progress, but a senior Trump administration official contended on Wednesday that the parties remain far apart.
When asked about that challenge to their optimism, Mnuchin said he has been in close contact with President Donald Trump, Vice President Mike Pence, acting White House chief of staff Mick Mulvaney, acting OMB Director Russ Vought and GOP congressional leaders.Mnuchin said he’s encouraging Congress to just raise the debt ceiling before the summer break if lawmakers are unable to hash out the specifics in time.
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