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Nancy Pelosi: Ryan-McConnell deal for infrastructure will probably be finalized this month

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WASHINGTON — House Speaker Nancy Pelosi, D-Calif., has conceded that the spending package that will likely include hundreds of billions of dollars for infrastructure projects and other initiatives is likely to be finalized shortly after the midterm elections.

It’s unclear exactly what a final deal will contain. The agreement, negotiated by Pelosi and Senate Majority Leader Mitch McConnell, R-Ky., does not have the support of both Democratic and Republican leaders. Instead, McConnell needs a handful of Democratic votes.

“Senator McConnell’s good at what he does. But I’m not. I’m hopeful that the president will work with us,” Pelosi said on MSNBC Thursday.

She added that the first stop for the package would be the House Appropriations Committee, which held a hearing on the bill on Thursday.

The most recent agreement, which was passed by the Senate on Tuesday, was part of a larger agreement between President Trump and congressional leaders that included a 3 percent increase in military funding, a two-year spending deal on spending on domestic programs and $15 billion in disaster relief for hurricane-hit areas.

Negotiations between Pelosi and McConnell over the omnibus bill have been difficult, with the partisan divide once again threatening to cripple cooperation between the two leaders. According to people familiar with the negotiations, Democrats have also raised concerns about a potential multi-billion dollar figure for the death tax paid by inheritances. But those talks took place before the Warren Buffett Tax, which Democrats want to add to the bill, was made public.

Pelosi said she was confident that the funding package would be on track in time for consideration in the House, after the Nov. 6 election.

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