
WASHINGTON, May 18 (UPI) -- The White House and congressional leaders Friday rejected each other's Iraq funding offers.
House Speaker Nancy Pelosi, D-Calif., and Senate Majority Leader Harry Reid, D-Nev., said they would pare the measure back to $95 billion, stripping the extraneous spending President Bush found objectionable in the $124 billion vetoed several weeks ago. The Democrats also offered to include a waiver option related to a troop withdrawal schedule, The Washington Post reported.
White House Chief of Staff Josh Bolten rejected the offer and instead proposed a measure including benchmarks tied to reconstruction aid, the Post said.
Bolten described the meeting as "courteous and candid" while Pelosi called it "disappointing." Reid said Democrats would go back to the drawing board and hope to produce a new measure by Monday that can be approved by both the House and Senate.
Whether the president signs it "is up to him," Reid said.
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