U.S. News

2244 readers

26 users here now

News about and pertaining to the United States and its people.

Please read what's functionally the mission statement before posting for the first time. We have a narrower definition of news than you might be accustomed to.

Guidelines for submissions:

Post the original source of information as the link.
If there is any Nazi imagery in the linked story, mark your post NSFW.
If there is a paywall, provide an archive link in the body.
Post using the original headline; edits for clarity (as in providing crucial info a clickbait hed omits) are fine.
Social media is not a news source.

For World News, see the News community.

This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

founded 1 year ago

MODERATORS

alyaza@beehaw.org

rs5th@beehaw.org

Powderhorn@beehaw.org

Congressional leaders reach deal that would avert government shutdown (www.washingtonpost.com)

submitted 10 months ago by Powderhorn@beehaw.org to c/usnews@beehaw.org

4 comments fedilink hide all child comments

Archive link

you are viewing a single comment's thread
view the rest of the comments

[–] autotldr@lemmings.world 5 points 10 months ago

🤖 I'm a bot that provides automatic summaries for articles:

Click here to see the summary

Congressional leaders reached a $1.66 trillion agreement Sunday to finance the federal government in 2024, preserving funding for key domestic and social safety net programs in the face of GOP demands to cut the government’s budget.

Now lawmakers are up against a stiff deadline to pass legislation to codify the deal and avert a partial government shutdown.

The agreement, announced jointly by Senate Majority Leader Chuck Schumer (D-N.Y.) and House Speaker Mike Johnson (R-La.

), will almost surely face vehement opposition from far-right House Republicans, who had hoped to force steep budget cuts.

Those figures adhere to a deal reached by President Biden and then-Speaker Kevin McCarthy last spring to suspend the nation’s debt limit in exchange for limiting discretionary spending to $1.59 trillion in 2024, with 1 percent growth in 2025.

Because that represented a cut when taking inflation into account, Biden and McCarthy agreed to spend another $69 billion each year in a side deal, with some of that offset by repurposing existing funds.

Saved 28% of original text.