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a deal done. talks are at a sensitive points. we have live team coverage from jacqui heinrich and chad pergram. i m sandra smith in for neil cavuto. this is your world. we begin with jacqui at the white house. things look like they re going to start happening here? well, sandra, there s a growing expectation we ll hear something from the president and from speaker mccarthy following this meeting set to happen here in 1 1/2 hours. after each side exchanged barbs over the weekend, biden and kevin mccarthy spoke by phone while biden was coming back to the u.s. white house negotiates met this morning on the hill. after the meeting, there was no exchange of fiery rhetoric. meaning it s likely the two sides are closer together rather than further apart. sources familiar with the negotiations tell me this is about where things stand. there s points of agreement on clawing back the unused covid funds and permitting reform. there s way to move forward and pharmacy benefits m ....
About where things stand. there s points of agreement on clawing back the unused covid funds and permitting reform. there s way to move forward and pharmacy benefits managers and closing the deficit help hole. that s a point of interest. there s dispute happening right now on the work requirements that republicans want to add to welfare programs and enroding the president s signature programs includely the inflation reduction act. the question remains on how long the spending caps would apply and how big they would be. republicans want ten years of capps. the white house says they could live with two years. the white house has offered fiscal year 2023 baseline with a 0% growth for one year, possibly two years. republicans want to see it at fiscal year 2022 spending with a baseline of 1% increase for ten ....