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Look at what this bipartisan deal includes. discretionary spending limits go up by nearly $324 billion over two years, defense spending will increase $22 billion next year, to a total of 738 billion, and then, to 740 billion, in 2021 and non-defense spending, gets a $27 billion jump in the first year to 632 billion and then goes to 634, in year two, and because this is a bipartisan deal, neither side is completely satisfied, but both sides are happy to put off a looming side over spending that could threaten a potential default until u.s. debt until 2021 after the next presidential election. the full faith and credit of the united states of america has never been in doubt the constitution says that, and now we removed all doubt, at least until july 31, 2021. president trump endorsed this deal but 65 republicans voted against it, over concerns ....
Avoid a government shutdown, and it followed intense negotiations led by nancy pelosi and steven mnuchin. it is expected to clear both the house and the senate before lawmakers leave for their august recess. though it is likely to face considerable pushback from conservatives and budget hawks under the plan the debt limit will be suspended until july 31, 2021. and automatic spending cuts that would have kicked in without a deal will be halted. the pentagon s budget will be increased by $22 billion to $238 billion next fiscal year. the plan will also boost nondefense spending by $27 billion to $632 billion. while president trump is touting the deal as a victory, it will mean more red ink for an already ballooning deficit. before the deal he was facing a ....
Potential showdown to avoid a government shutdown. the two-year agreement was announced yesterday following several days of intense negotiations led by house speaker nancy pelosi and treasury secretary steven mnuchin. it is expected to clear both the house and the senate before lawmakers leave for their august recess. though it is likely to face considerable pushback from conservatives and budget hawks, under the plan the debt limit will be suspended until july 31, 2021 and automatic spending cuts that would have kicked in without a deal will be halted. the pentagon s budget will be increased by $22 billion up to $738 billion next fiscal year. the plan will also boost nondefense spending by $27 billion to $632 billion. while president trump is touting the deal as a victory it will ....