Budget talks continue Thursday, though it appears an agreement on how to fund the government for the rest of the fiscal year is getting closer. House Speaker John Boehner, R-Ohio, and Senate Majority Leader Harry Reid, D-Nev., both said they were resolved to keep working towards a resolution after a Wednesday night meeting with President Obama. Both sides have until midnight Friday to work out a deal and get it passed in the House and Senate in order to avert a government shutdown.
To that end, House Republicans plan to put a one-week temporary spending bill that cuts $12 billion dollars from current funding rates to a vote Thursday. The measure also contains provisions to cover military expenditures for the rest of the fiscal year.
Not having a spending plan in place for this year isn't keeping lawmakers from looking ahead to next year's budget fight though. House Minority Leader Nancy Pelosi, D-Calif., and Budget Committee Ranking Member Chris Van Hollen, D-Md., hold a 10:45 a.m. ET press conference to bash the Republican financial roadmap for 2012. They say the plan offered by Budget Committee Chairman Paul Ryan, R-Wisc., eviscerates Medicare and Medicaid while maintaining tax breaks for large oil companies.
Foreign affairs will be near the front of the Senate's mind. The Senate Armed Services Committee holds a hearing on the budget for U.S. Africa Command with Army Gen. Carter Ham at 9:30 a.m. ET. Gen. Ham is likely to face questions about the U.S. role in the ongoing conflict in Libya as well as his department's funding request.
Senate Foreign Relations chiefs discuss the United Nation's role in addressing international conflicts with UN Secretary-General Ban Ki-Moon.
On the other side of the Capitol, U.S. Ambassador to the United Nations Susan Rice testifies before the House Foreign Affairs Committee on reforming the international body.
We'll be following all these stories and more, so stay with Fox News for all the latest.