Ryan: Republicans Will Unveil U.S. Spending Deal and Request Extension

WASHINGTON (Reuters) -
U.S. Representative Paul Ryan (R-WI) arrives to talk to the media after being nominated for speaker of the House of Representatives on Capitol Hill in Washington October 28, 2015. U.S. House of Representatives Republicans nominated Wisconsin's Paul Ryan on Wednesday to replace retiring House Speaker John Boehner, uniting around the party's former vice presidential nominee who has promised more openness in the way the chamber is run. REUTERS/Yuri Gripas (Newscom TagID: rtrlseven413344.jpg) [Photo via Newscom]
House Speaker Paul Ryan. (Reuters/Yuri Gripas)

U.S. House Speaker Paul Ryan announced that Republicans will unveil a deal for a $1.15 trillion spending bill Tuesday. Nevertheless, Ryan added that they will need to pass another short-term funding extension to buy legislators enough time to vote on the measure on Thursday and avert a government shutdown.

Ryan, speaking to a breakfast sponsored by Politico, also mentioned that he would not rule out moving quickly on passage of the economy-boosting Trans-Pacific Partnership trade deal if Republicans decide the agreement meets their goals.