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Deal or NO DEAL? Congressional leaders reach budget deal

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Senate Minority Leader Chuck Schumer and Majority Leader Mitch McConnell walk to the Senate floor Wednesday. | John Shinkle/POLITICO

Congressional leaders on Wednesday clinched a two-year deal to lift strict budget caps on defense and domestic spending, likely putting an end to a series of short-term spending bills and shutdown fights that have defined Washington the past few months.

The deal is expected to increase defense and domestic spending by roughly $300 billion over two years, according to administration and congressional sources, as well as lift the debt ceiling through the election and include tens of billions in disaster aid.

“This bill is the product of extensive negotiations among congressional leaders and the White House. No one thinks this bill is perfect. But we worked hard to find common ground and stay focused on serving the American people,” Senate Majority Leader Mitch McConnell (R-Ky.) said in announcing the agreement.

“The budget deal doesn’t have everything Democrats want. It doesn’t have everything the Republicans want. But it has a great deal of what the American people want,” said Senate Minority Leader Chuck Schumer (D-N.Y.). “After months of legislative logjams, this budget deal is a genuine breakthrough.”

The Senate is expected vote on the pact on Thursday, according to Senate Majority Whip John Cornyn (R-Texas). It’s likely to pass easily, though House approval will be more difficult.

And though President Donald Trump suggested that the government could shut down without action on immigration, a top White House aide signaled that Trump supports the bill.

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Caleb Montgomery 2018 JV National Trap Champion

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Caleb Montgomery. 2018 National JV Trap Champion.

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