Breaking news from www.washingtonpost.com/...: Congressional leaders have 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.
It essentially sets budget levels for military and non-defense discretionary spending for 2024. Details still remain to be worked out.
From www.nbcnews.com/...
The deal would establish an overall spending level of $1.59 trillion in fiscal year 2024, reflecting the bipartisan budget deal struck last year by President Joe Biden and former Speaker Kevin McCarthy Johnson, R-La., told colleagues in a letter. The breakdown is $886 billion for the military and $704 billion for non-defense spending, Johnson said.
But there is still work to be done to avert a government shutdown. The republican yahoos in the House will not give up without getting their pound of flesh.
But while the agreement on a “topline” spending level breaks a logjam that had stalled the process, it doesn’t necessarily extinguish the shutdown threat as the first of two deadlines nears on Jan. 19, when some parts of the government will run out of money.
Statement from the White House on the Bipartisan Funding Framework deal.
Praises Jeffries and Schumer, supports the budget priorities and admonishes the GOP to stop threatening to shut down the government and to get the job done.
Here’s hoping that this is one less headache to deal with in 2024, as we get into election mode and try to save our Democracy.