White House, Hill leaders agree on two-year budget deal
Story Date: 7/23/2019

 

Source: Jennifer Shutt, ROLL CALL, 7/22/19


The White House and congressional leaders announced a deal Monday to suspend the debt ceiling through July 2021 and raise spending limits for the next two fiscal years.  The deal calls for raising limits on discretionary spending by $321 billion over two years, compared to the strict caps imposed under a 2011 deficit reduction law.

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