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Sanders, Schumer reach deal on Biden budget Senate Majority Leader Chuck Schumer and Senate Budget Committee Chairman Bernie Sanders announced late Tuesday that they had reached agreement on the broad outlines of a budget resolution for the fiscal year that begins October 1, setting a $3.5 trillion ceiling on new social spending by the Biden administration. Sen. Bernie Sanders, I-Vt., chair of the Senate Budget Committee, is met by reporters asking about the morning after an infrastructure deal was reached among Senate Democrats, at the Capitol in Washington, Wednesday, July 14, 2021. (AP Photo/J. Scott Applewhite) White House legislative affairs director Louisa Terrell and National Economic Council Director Brian Deese attended the discussions, and Biden reportedly signed off on the deal. The agreement is only the initial sketch of what would become dozens of specific appropriations to be consolidated into a single, massive “budget reconciliation” bill.

New yorkUnited statesWhite houseDistrict of columbiaWest virginiaBrian deesePramila jayapalLouisa terrellJoe bidenKyrsten sinemaMaureen dowdJoe manchinBernie sandersSenate majority leader chuck schumerWhile senate democratsNational economic council