Search

Search Amazon Here

News Links
Local
« S.C. Flu Death Total Rises to 106 | Main | Newspring Greenville Acquires Eastlan Baptist Church Property »
Wednesday
Feb072018

Senate Agrees on Two-Year Budget Deal, Raises Spending

WASHINGTON (Reuters) - The U.S. Senate, in a rare display of bipartisanship, on Wednesday reached a two-year budget deal to raise federal spending by almost $300 billion, in an attempt to end the kind of squabbling over fiscal issues that has plagued Washington for years. 

Senators Roy Blunt (R-MO), John Barrasso (R-WY), John Thune (R-SD) listen as Senate Majority Leader Mitch McConnell (R-KY) speaks to reporters on Capitol Hill in Washington, U.S., January 30, 2018. REUTERS/Joshua Roberts

The agreement, announced by both the Republican and Democratic leaders of the Senate, would lift caps on defense funding and some domestic government spending. Along with President Donald Trump’s tax cuts approved by Congress in December, the new round of spending would further add to the bulging federal deficit. 

“This bill is the product of extensive negotiations among congressional leaders and the White House,” Senate Majority Leader Mitch McConnell, a Republican, said on the Senate floor. “We worked hard to find common ground and remained focused on serving the American people.” 

The plan will need to be passed in the House of Representatives and the Senate, both controlled by Trump’s fellow Republicans, before going to the president to sign. 

But House Democrats have warned that they will not back the deal unless Republican Speaker Paul Ryan promises to advance separate legislation on immigration policy. 

Chuck Schumer, the leader of the Senate Democrats, said the deal should break the cycle of partisan fights over spending. 

“After months of fiscal brinkmanship, this budget deal is the first real sprout of bipartisanship. And it should break the long cycle of spending crises that have snarled this Congress and hampered our middle class,” Schumer said.

PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>