A budget deal aimed at avoiding a U.S. government shutdown on Jan. 15 and relieving federal agencies of some indiscriminate spending cuts that are set to begin with the new year could emerge in Congress on Tuesday, congressional aides said on Monday.
Democratic Senator Patty Murray and Republican Representative Paul Ryan are scheduled to meet on Tuesday with the goal of finalizing a deal, according to aides who asked not to be identified.
While Ryan and Murray have not yet struck a deal and negotiations could still fall apart, one of the aides said, "They are very close. You could maybe see a handshake come out of that meeting" on Tuesday.
If such a deal is reached, the specifics could then be given to senators who are holding closed-door meetings during lunches that Democrats and Republicans hold separately on Tuesday.