Negotiators from both parties say they have a tentative deal to avoid a US government shutdown

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Congressional negotiators said they reached a tentative deal Monday to fund the government and avoid another shutdown.

As always, President Donald Trump will hold the fate of any potential border security agreement in his hands. The announcement came only minutes before the president took the rally stage in the Texas border city of El Paso to make the case for his proposed wall.

The top four congressional appropriators emerged from a meeting on border security funding Monday night and announced an agreement in principle to fund the government past a midnight Friday deadline. The group, including Sen. Richard Shelby, R-Ala., and Rep. Nita Lowey, D-N.Y., did not immediately give details of the deal or say when they would release bill text.

A congressional source told CNBC it would put about $1.4 billion toward physical barriers, but not a wall. It would include about 55 new miles of bollard fencing. It would also reduce the cap for Immigration and Customs Enforcement detention beds to 40,520 from the current 49,057, about a 17 percent drop.

A bill could get unveiled late Tuesday or early Wednesday. But that timing could change.

If passed, the measure would avoid reopening fresh wounds from a 35-day partial closure in December and January. About 800,000 federal workers were furloughed or worked without pay, missing two paychecks during the funding lapse.

They face the prospect of more financial hardship if nine federal departments, or about a quarter of the government, close again.

The measure’s passage depends on Trump’s support. Funding lapsed in December after the president threatened to veto any plan that did not include $5.7 billion to build his proposed border wall — and deterred GOP lawmakers from voting to keep the government open. In recent days, the president has appeared more willing to accept a deal that does not include that full sum.

Over the weekend, lawmakers on a conference committee trying to hash out a funding deal showed doubts about striking a deal to prevent a shutdown. The meeting Monday was seen as a last-ditch effort to get talks back on track.

A disagreement over whether to cap the number of ICE detention beds for interior enforcement had derailed talks. Democrats’ push to limit the detention beds led President Donald Trump to claim that the party does not “want us to detain, or send back, criminal aliens!”

— CNBC’s Ylan Mui contributed to this report

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