Republicans float $5B plan to fund wall for two years

Senate Republicans are proposing a compromise that would provide $5 billion for President TrumpDonald TrumpFormer chairman of Wisconsin GOP party signals he will comply with Jan. 6 committee subpoena Overnight Defense & National Security — Pentagon tells Russia to stand down Billionaire GOP donor maxed out to Manchin following his Build Back Better opposition MORE’s southern border wall over two years.

“We’re not there yet, but it makes sense to us,” Senate Appropriations Committee Chairman Richard ShelbyRichard Craig ShelbyOn The Money — No SALT, and maybe no deal Fiscal spending deadline nears while lawmakers face pressure to strike deal These Senate seats are up for election in 2022 MORE (R-Ala.) said of the two-year approach.

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The Senate passed $1.6 billion in wall funding in its Homeland Security bill, in line with the White House’s original request. But Trump has since upped the ante to $5 billion, an amount the House included in its version of the bill.

Trump has threatened to veto any spending package that does not fund the wall to his satisfaction.

Congress faces a Dec. 7 deadline to fund the rest of the government and prevent a shutdown. It has seven spending bills to complete.

Before Thanksgiving, Trump told Shelby that the $5 billion figure was a red line for him.

“I think he would veto. He said he would veto at $1.6 [billion], so I take him at his word,” Shelby said Tuesday, adding that Congress would not override a presidential veto. 

Senate Republicans hope that spreading the $5 billion over two years would satisfy Trump, though it remains unclear if Democrats, who will take the House majority in January, would move to scrap the second year of funding once in power.

Democrats such as Jon TesterJonathan (Jon) TesterSwing-state voters concerned about Build Back Better's impact on inflation: poll Fiscal spending deadline nears while lawmakers face pressure to strike deal Conservative group rolls out .5 million ad buy pressuring Manchin, Tester to oppose Build Back Better MORE (Mont.), the ranking member of the Senate Appropriations Subcommittee for Homeland Security, were noncommittal about the two-year proposal, saying he needed to examine it more closely and confer with leadership.

“I think the challenge is, can they even spend the money?” he said.

Senate Minority Leader Charles SchumerChuck SchumerThe Hill's Morning Report - Democrats sense opportunity with SCOTUS vacancy Schumer finds unity moment in Supreme Court fight Breyer retirement throws curveball into midterms MORE (D-N.Y.) later on Tuesday said Democrats don’t want to include more than $1.6 billion on border security in a year-end spending deal.

He told reporters at the Capitol that the Trump administration has yet to spend “a penny” of the $1.3 billion Congress appropriated for border security for fiscal 2018, which ended on Sept. 30.

House GOP leaders were meeting with Trump on Tuesday afternoon to discuss a strategy for funding the wall.

Congress is also looking at adding disaster aid funding to the bills in the aftermath of a destructive hurricane season and historic wildfires in California.

Updated at 3:05 p.m.