Wednesday, May 3, 2017

Congress Reaches Spending Agreement

Congressional leaders reached a deal on a $1 trillion spending bill that will fund the government through September.

The deal, struck Sunday night, is over 1,600 pages long and must be passed before Friday in order to avert a government shutdown. Congress passed a one-week, “continuing resolution” last week to keep the government funding as negotiations proceeded.

The bill will likely pass easily because it contains key defense and domestic provisions lauded by leaders in both parties. Senate Minority Leader Chuck Schumer (D-N.Y.) said it is “a good agreement for the American people,” and “excludes poison-pill riders,” that might have derailed efforts at compromise.

The legislation delivers wins to both parties. Among other items, the agreement contains $2 billion in new funding for the National Institutes of Health, $1.5 billion to repair existing border infrastructure, $15 billion to fight terrorism, and permanently extends health insurance benefits to coal miners.

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