Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Stay on top of the latest market trends

Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Evan Vucci / AP

President Trump backed the Democratic plan to combine Harvey relief funding with extending the debt limit and funding the government, both for three months, after a meeting with congressional leaders from both parties. The Republicans in the meeting opposed that plan.

A Republican close to leadership: "Dems bluffed their way into total victory. They win the politics of DACA and leverage on debt in the winter. The fate is sealed - DACA will be reauthorized without strings, Schumer has inserted himself into all negotiations in the winter, including tax, spending and immigration."

Latest: Mitch McConnell says he supports the plan, and will attach the continuing resolution and debt ceiling raise to the Harvey bill as an amendment.

  • Nancy Pelosi and Chuck Schumer announced the news in a joint statement after meeting. Trump confirmed it later.
  • According to a source briefed on the meeting with POTUS, "McConnell, Ryan, McCarthy, and Mnuchin all advocated for a longer debt limit. Basically everyone with an R behind their name."
  • Mnuchin argued against the plan in the meeting, but was overruled.
  • Paul Ryan said earlier today that a short-term debt ceiling extension was a "ridiculous" and "disgraceful" plan, and "playing politics" with an important issue.
  • Trump agreed with Schumer and Pelosi on the debt limit issue, while McConnell wanted a continuing resolution to be a part of that package, according to a person familiar with the debate.
  • Word of warning: There's a tentative deal, but it still has to pass Congress.
From Trump

"We had a very good meeting with Nancy Pelosi and Chuck Schumer [Trump notably did not mention Ryan or McConnnell]. We agreed to a three-month extension on debt ceiling, which they consider to be sacred, very important, always we'll agree on debt ceiling automatically because of the importance of it. Also on the CRs and also on Harvey, which now we're going to be adding something because of what's going on in Florida, but we had a very good meeting. We essentially came to a deal, and I think the deal will be very good."

From Pelosi and Schumer

"In the meeting, the President and Congressional leadership agreed to pass aid for Harvey, an extension of the debt limit, and a continuing resolution both to December 15, all together. Both sides have every intention of avoiding default in December and look forward to working together on the many issues before us. As Democratic leaders, we also made it clear that we strongly believe the DREAM Act must come to the floor and pass as soon as possible and we will not rest until we get this done."

Go deeper

13 mins ago - World

Reports: CIA director's team member reported Havana Syndrome symptoms

Central Intelligence Agency (CIA) director Bill Burns during a House Intelligence Committee hearing in April on Capitol Hill. Photo: Al Drago-Pool/Getty Images

A member of CIA director Bill Burns' team who traveled with him to India this month was treated for "symptoms consistent with Havana syndrome," CNN first reported Monday.

Why it matters: Current and former officials told the New York Times the incident signals a "possible escalation" in the mysterious neurological symptoms affecting as many as 200 Americans who've worked in overseas posts since 2016.

Updated 1 hour ago - World

Trudeau's government projected to win Canada election

Canadian Prime Minister Justin Trudeau. Photo: Jeff Vinnick/Getty Images

Canadian Prime Minister Justin Trudeau's Liberal government has been reelected in the national election, the CBC and CTV News projected on Monday night.

By the numbers: The Liberal Party needed to win 170 seats in the 338-seat House of Commons to form a majority government. Preliminary figures show the party ahead with 156 seats just before 1a.m. ET, with over 85% of polling stations reporting.

Pelosi's back-to-school math problem

Illustration: Sarah Grillo/Axios

House Speaker Nancy Pelosi (D-Calif.) may need votes from an unlikely source — the Republican Party — if she hopes to pass the bipartisan infrastructure bill by next Monday, as she's promised Democratic centrists.

Why it matters: With at least 20 progressives threatening to vote against the $1.2 trillion bipartisan bill, centrist members are banking on more than 10 Republicans to approve the bill.

You’ve caught up. Now what?

Sign up for Mike Allen’s daily Axios AM and PM newsletters to get smarter, faster on the news that matters.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!