"Congressional Leaders Reach Bipartisan $1.7T Funding Deal to Avert Shutdown"

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Source: The New York Times
"Congressional Leaders Reach Bipartisan $1.7T Funding Deal to Avert Shutdown"
Photo: The New York Times
TL;DR Summary

Senate and House leaders have reached an agreement on 2024 government funding, setting total spending at nearly $1.66 trillion with an increase in Pentagon spending to $886.3 billion and nondefense funding essentially flat at $772.7 billion. The deal needs to be passed into law before a Jan. 19 deadline to avert a partial government shutdown, and includes $69 billion of added money agreed to through a handshake deal between the White House and then-Speaker Kevin McCarthy, offset by $10 billion in cuts to I.R.S. enforcement and $6 billion in unspent Covid dollars and other emergency funds. Bipartisan cooperation is emphasized to avoid a costly and disruptive shutdown.

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