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Congressional leaders announced Sunday they have reached an agreement on the overall spending level for the remainder of 2024 as they seek to avoid a government shutdownlater this month.
The $1.66 trillion deal includes $886 billion for defense and $772.7 billion for non-defense spending, Democratic leaders said.
The topline is slightly above the $1.59 trillion that was reached in a bipartisan deal reached last year and includes changes to discretionary spending that was part of a side agreement between President Biden and then-House Speaker Kevin McCarthy. It cuts $6.1 billion in COVID-19 spending and accelerates cuts to IRS funding.
House Speaker Mike Johnson, a Louisiana Republican, said the agreement "will not satisfy everyone" because it doesn't "cut as much spending as many of us would like," but he touted it as the "most favorable budget agreement Republicans have achieved in over a decade."
Schumer and Jeffries said they have "made clear to Speaker Mike Johnson that Democrats will not support including poison pill policy changes in any of the twelve appropriations bills put before the Congress."
Johnson and Schumer appeared hopeful in recent days that they could reach a deal soon.
"We have been working in earnest and in good faith with the Senate and the White House virtually every day through the holiday trying to come to an agreement," Johnson said last week when asked about a potential shutdown.
Congressional leaders say they've reached agreement on government funding
The agreement is central to avoiding a government shutdown later this month.
www.cbsnews.com
Congressional leaders announced Sunday they have reached an agreement on the overall spending level for the remainder of 2024 as they seek to avoid a government shutdownlater this month.
The $1.66 trillion deal includes $886 billion for defense and $772.7 billion for non-defense spending, Democratic leaders said.
The topline is slightly above the $1.59 trillion that was reached in a bipartisan deal reached last year and includes changes to discretionary spending that was part of a side agreement between President Biden and then-House Speaker Kevin McCarthy. It cuts $6.1 billion in COVID-19 spending and accelerates cuts to IRS funding.
House Speaker Mike Johnson, a Louisiana Republican, said the agreement "will not satisfy everyone" because it doesn't "cut as much spending as many of us would like," but he touted it as the "most favorable budget agreement Republicans have achieved in over a decade."
Schumer and Jeffries said they have "made clear to Speaker Mike Johnson that Democrats will not support including poison pill policy changes in any of the twelve appropriations bills put before the Congress."
Johnson and Schumer appeared hopeful in recent days that they could reach a deal soon.
"We have been working in earnest and in good faith with the Senate and the White House virtually every day through the holiday trying to come to an agreement," Johnson said last week when asked about a potential shutdown.
