Majority Leader Harry Reid (D-NV) and House Speaker John Boehner (R-OH) emerged from the White House this afternoon “to say that the two sides had still not yet been able to strike a deal,” First Read reports.
There’s "no agreement" yet, Boehner said, calling the meeting "polite" and "to the point." But both Boehner and Reid said talks will continue. Staffers will begin another round of negotiations at 3:00 pm ET, and the principals will return to the White House at 7:00 pm ET for more talks.
"We’ll see you back here at 7 o’clock," Reid joked at the beginning of his remarks. He said both sides "had a frank discussion" and said he is "disappointed we haven’t gotten something done at this point." He stressed, "In a matter of a little more than 24 hours, unless we work something out, the government will shut down,” Reid said, before going on to cite a private-sector report that estimated even a temporary shutdown would pare 0.2% from the GDP. “We are going to continue to work to get this done. It’s uh not easy to do, but it’s doable and as I said we don’t have a lot of time to do that.”