late night, guys. priscilla, what can you tell us? >> reporter: jim, i'm hearing from a source close to negotiations yes house speaker mccarthy have an agreement in principle and working on finalizing a bill text and term sheet. for now a few details here. the bill keeps nondefense spending roughly flat with current fiscal 2023 levels in 2024. also looking through here work requirements. the president it says according to the source fought policies that would have taken away health care and pushed people into poverty. no changes to medicaid. and we're also learning that the president protected the inflation reduction act. this is something that has been critical for the white house is protecting those legislative accomplishments by the president. so we're learning slowly some of the details that have been reached in this agreement, again, from a source familiar with the negotiations. and, jim, we'll bring that to you as we delve a little deeper into these details.