Schumer: We're very close to reaching a deal

House minority leader

Both parties need to agree on a deal and the holdup now is that Democrats want more money for states and want oversight on a huge slush fund for corporate bailouts.

Signs have been mixed and you can't trust anything until the vote but Chuck Schumer says their goal is to reach a deal today and that they're 'very close'.

The headlines have helped to reverse some market pressure. There is a vote coming up at the top of the hour. He called it 'irrelevant' and said a deal will pass once it's made.