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President Trump speaks to reporters before leaving the White House for Florida this morning. Andrew Harnik / AP

Nancy Pelosi and Chuck Schumer issued a joint statement responding to President Trump's morning tweets surrounding DACA, agreeing that there was "no final deal" but rather general agreement on the following terms:

  • Trump will encourage the House and Senate to enshrine protections granted by DACA into law.
  • There will be a bipartisan border security package that still needs to be negotiated — but it will not include the wall, which Trump plans to continue to advocate at a later date.

Confirmation from POTUS: Leaving the White House for Florida this morning, Trump told the pool that "the wall will come later," adding that a deal is "fairly close" with Paul Ryan and Mitch McConnell both on board, but both sides have to "get past the border security."

More quotes from Trump:

  • "We're working on a plan — subject to getting massive border controls. We're working on a plan for DACA. People want to see that happen. You have 800,000 young people, brought here, no fault of their own. So we're working on a plan, we'll see how it works out. We're going to get massive border security as part of that. And I think something can happen, we'll see what happens, but something will happen."
  • "We want to get massive border security. And I think that both Nancy Pelosi and Chuck Schumer, I think they agree with it."
  • "Mitch is on board, Paul Ryan's on board. We all feel — look, 92% of the people agree on DACA — but what we want is very, very powerful border security, okay?"
A tweet previously embedded here has been deleted or was tweeted from an account that has been suspended or deleted.

The full Pelosi/Schumer statement:

President Trump's Tweets are not inconsistent with the agreement reached last night. As we said last night, there was no final deal, but there was agreement on the following:
We agreed that the President would support enshrining DACA protections into law, and encourage the House and Senate to act.
What remains to be negotiated are the details of border security, with a mutual goal of finalizing all details as soon as possible. While both sides agreed that the wall would not be any part of this agreement, the President made clear he intends to pursue it at a later time, and we made clear we would continue to oppose it.
Both sides agreed that the White House and the Democratic leaders would work out a border security package. Possible proposals were discussed including new technology, drones, air support, sensor equipment, rebuilding roads along the border and the bipartisan McCaul-Thompson bill.

Go deeper

Tina Reed, author of Vitals
10 mins ago - Health

Health care workers hit new breaking point

Illustration: Shoshana Gordon/Axios

The ranks of health care workers are dwindling and stretching what it means to be reaching their "breaking points," particularly at small nonprofit hospitals.

The big picture: Even as Omicron cases have begun to wane in some places, many hospitals are still fielding a crush of patients amid record employee callouts.

Sarah Palin tests positive for COVID, delaying defamation trial

Sarah Palin. Photo: Matthew Staver/Bloomberg via Getty Images

Former Alaska Gov. Sarah Palin (R) tested positive for COVID-19 on Monday, delaying the start of her defamation trial against the New York Times.

Why it matters: The trial will be closely watched, as it's a rare instance of a major media company defending its editorial practices before an American jury.

S&P 500 slides into correction territory

Data: FactSet; Chart: Axios Visuals

Stocks suffered their worst drop of the year, pushing the S&P 500 on track to fall into a "correction."

Driving the news: The benchmark S&P 500 dropped for its fifth straight day, with losses nearing 3% in early trading.