Democratic aides say Obama, Boehner moving closer to debt-ceiling deal

Democratic aides say Obama, Boehner moving closer to debt-ceiling deal

Democratic aides on Thursday said the White House and Speaker John BoehnerJohn Andrew BoehnerSpeculation mounts, but Ryan’s job seen as safe Boehner warns Trump: Don't pull out of Korea-US trade deal GOP Rep: Ryan wasting taxpayers dollars by blocking war authorization debate MORE (R-Ohio) were moving closer to a deal to reduce federal deficits and raise the debt ceiling. 

Democrats were told Wednesday night that Obama is prepared to cut a deal with John BoehnerJohn Andrew BoehnerSpeculation mounts, but Ryan’s job seen as safe Boehner warns Trump: Don't pull out of Korea-US trade deal GOP Rep: Ryan wasting taxpayers dollars by blocking war authorization debate MORE that would include spending cuts and concrete entitlement reforms, according to two senior Democratic aides.

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The aides said the deal would only include the promise of tax reform next year. This would represent a major concession, the aides said, since it would not include any concrete revenue increases as part of the deal.

Senate Majority Leader Harry ReidHarry ReidThe Memo: Trump pulls off a stone-cold stunner The Memo: Ending DACA a risky move for Trump Manchin pressed from both sides in reelection fight MORE (D-Nev.) said the White House called Thursday afternoon to tell Democrats that there was no deal yet during a briefing in which White House Budget Director Jack LewJacob (Jack) Joseph LewBipartisan bill would force Treasury to put Tubman on bill Top conservative rails against ‘clean’ debt limit increase Trump mocked Obama for three chiefs of staff in three years MORE visited Senate Democrats. But Reid also pointedly said there had to be fairness in a "potential agreement" under discussion, and that it could not just include spending cuts. 

"What I have to say is this. The president always talked about balance. There has to be some fairness in this. This can't all be cuts," Reid said. "There has to be some revenues. The caucus agrees with that. I hope the president sticks with, that and I am confident he will."

Sen. Barbara MikulskiBarbara MikulskiGore wishes Mikulski a happy birthday at 'Inconvenient Sequel' premiere Bipartisan friendship is a civil solution to political dysfunction Dems press for paycheck fairness bill on Equal Pay Day MORE (D-Md.) said many Democrats in the meeting with Lew were "volcanic" over the idea of a budget deal that would not include new revenues. 

White House press secretary Jay Carney quickly pushed back at reports of a possible deal, opening his daily briefing by saying the reports were incorrect. 

“There is no deal. We are not close to a deal,” Carney said at the top of his briefing.

Carney said that conversations are continuing on all levels, but he insisted that there is “no progress to report.”

Lew also told Democrats at the briefing that there was no deal, according to Sen. Kent Conrad (D-N.D.).

Aides to Boehner and House Majority Leader Eric CantorEric CantorEric Cantor offering advice to end ‘immigration wars’ Trump's olive branch differs from the golden eras of bipartisanship After divisive rally, Trump calls for unity MORE (R-Va.) said there was no deal and no progress to report as the top two GOP leaders huddled Thursday afternoon in the Speaker’s office.

But Boehner earlier on Thursday told reporters that he was preparing his conference for a possible compromise. Boehner said he did not believe a majority of his conference were unwilling to budge.

Separately, a representative of the S&P credit ratings agency was scheduled to meet with a group of House GOP freshmen on the debt talks. The meeting was organized by Rep. Nan Hayworth (R-N.Y.). 

Senate Minority Leader Mitch McConnellAddison (Mitch) Mitchell McConnellSenate passes 0B defense bill Overnight Health Care: New GOP ObamaCare repeal bill gains momentum Overnight Finance: CBO to release limited analysis of ObamaCare repeal bill | DOJ investigates Equifax stock sales | House weighs tougher rules for banks dealing with North Korea MORE (R-Ky.) declined to comment on a possible deal.

Watch Boehner below.


—This story was posted at 1:52 and updated at 2:53 p.m.