Negotiations for a two-year spending deal and a possible lift of the nation’s debt limit broke down Tuesday evening without agreement, Roll Call reported.
Senate Majority Leader Mitch McConnell (R-Ky.) McConnell, Senate Minority Leader Charles Schumer (D-N.Y.), House Majority Leader Nancy Pelosi (D-Calif.) and senior administration officials met Tuesday in hopes of avoiding a lengthy budget battle.
“Deals like this take time,” said House Minority Leader Kevin McCarthy (R-Calif,) after the negotiations faltered.
Schumer said one of the biggest obstacles was how to fund the “needs of the middle class on the domestic side.”
If no deal is reached, spending limits imposed under a 2011 deficit reduction law will require automatic discretionary spending cuts of about 10%, or $125 billion, in fiscal 2020, which starts Oct. 1.
Marine Corps photo by Lance Cpl. Tia Dufour