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Free AccessPelosi: Bill Can Happen Before Election; No Agreement On State/Local Funding
House Speaker Pelosi's press conference ends. She took a few Q's, some items of note (paraphrasing here to some degree):
- Re state and local funding / liability provisions: Pelosi says no agreement on those topics yet.
- When asked about optimism on getting a deal given election only 12 days out and Senate seemingly opposed, Pelosi says: "If we were not making progress I would not spend five seconds in these conversations... This is nothing other than a serious attempt. I believe both sides want to make an agreement. Can't explain disarray on Senate side. Not up to me to [psych?] out Mitch McConnell, it's about the President of the United States to engage in a discussion and to deliver what can happen on the Senate side."
- "I'm used to negotiations and the end is the hardest part, but we've sent more paper over...we will have to compromise, neither side can swallow a poison pill, but we are narrowing those differences."
- "I think White House comes to the table with some level of confidence" that they can get Senate Republicans on board.
- "Hypothetically if we can get an agreement before the election - I think that we can... It's not just about what we can agree in a room, it's about the CBO, putting it in legislative order, it takes time...it can happen, it's really up to them. I'm pleased where we are now and if we can resolve some of these things inthe next few days it will take a while to write the bill, hope we could start writing now on certain parts of the bill...it's close, and where will the President be at any given moment, he's been all over the place"
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.