Wednesday, 7 February 2018

To avoid govt logjam, US strikes 2-yr budget deal to lift spending cap

US govt shuts down: Trump marks Year One as Budget plan fails in Senate

The US Senate on Thursday reached a two-year budget deal to avert another government shutdown when federal funding is due to expire.The deal, agreed upon by both the Democratic and Republican leaders of the Senate, was immediately welcomed by the White House.Senate Majority Leader Mitch McConnell and Senate Minority Leader Charles Schumer announced the budget deal in the House."I am very pleased to announce that we have reached a two-year budget deal to lift the spending caps for defence and urgent domestic priorities far above current spending levels," Schumer said.He added that there were still a few final details to work out but all the principles of the agreement were in place.

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