Infrastructure deal probably not happening, says Mick Mulvaney

White House acting chief of staff Mick Mulvaney thinks efforts to strike an infrastructure deal with congressional Democrats are probably “done” after talks blew up last month.

Still, he said Tuesday that President Donald Trump and House Speaker Nancy Pelosi will have to cooperate on pressing issues in the coming months — from passing a budget to approving trade agreements.

“But we will have to work with them on the spending matter. So there’s a bunch of stuff we’ll do. It’s just the infrastructure,” Mulvaney told CNBC’s Eamon Javers at the Peter G. Peterson Foundation fiscal summit.