Transcripts for CNN The Lead With Jake Tapper 20131210 21:04

CNN The Lead With Jake Tapper December 10, 2013 21:04:00

they're -- >> they are now being reviewed -- >> ryan and murray have been meeting, are meeting, could be meeting as we speak. they are being very secretive about this because they want to make sure their balloon is not popped before they have everything done. >> they don't get to come up with this deal and then present it. they have to get it signed off by the house and senate democratic and republican leaders. >> exactly. and it's much more of an issue with house republicans, as you can imagine. so if and when they do have an agreement, presumably they will present it to house republicans tomorrow morning, wednesday morning, before they can go forward. >> to be clear, this would raise spending from the level it would be with these forced budget cuts, the so-called sequester, we hate to i donuse that term, this would be more spending than that. >> two things. it would be more spending but it also would be less arbitrary. it wouldn't be across the board. it would be targeted which is what democrats and some republicans have been calling for, particularly when you talk about defense cuts.

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