Senate leaders announce 2-year budget deal
The Senate's top Republican says there's Senate agreement on a two-year, almost $400 billion budget deal that would provide Pentagon and domestic programs with huge spending increases.
WASHINGTON (AP) -- The Senate's top Republican says there's Senate agreement on a two-year, almost $400 billion budget deal that would provide Pentagon and domestic programs with huge spending increases.
Senate Majority Leader Mitch McConnell announced the pact, joined on the Senate floor by top Senate Democrat Chuck Schumer of New York. It would contain almost $300 billion over current limits on defense and domestic accounts.
McConnell said the measure would rewrite existing defense limits that have "hamstrung our armed forces and jeopardized our national security."
The measure, aides said, also contains almost $90 billion in overdue disaster aid and an increase in the government borrowing cap that would prevent a first-ever U.S. government default on its obligations.
Senate Minority Leader Chuck Schumer is celebrating the agreement for providing needed funding for health, drug abuse and social service programs.
But the New York Democrat made little mention about what isn't coming with the new two-year agreement - a plan to protect the "Dreamer" immigrants.
The Democratic leader has dropped his push to use the budget talks to extract concessions on immigration from Republicans, leaving aside threats to shut down the government over the issue.
In remarks on the Senate floor, Schumer focused on the new agreement as a rare moment of bipartisanship and cooperation. He called it "the best thing we've done" for the middle class and the economy.
"We have reached the budget deal that neither side loves but both sides can be proud of," Schumer said.
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