Congressional leaders finalized a major budget deal Wednesday that would increase federal spending by more than $500 billion over the next two years. Congressional aides and lawmakers familiar with the plan provided details of the framework Wednesday. Nondefense spending limits would be raised by $131 billion over two years — $63 billion this year and $68 billion in 2019. The agreement includes another $160 billion in unlimited spending on overseas Pentagon and State Department operations. Senate Majority Leader Mitch McConnell (R-Ky.) agreed to try as part of an arrangement with Democrats to end last month’s government shutdown.

Source: Washington Post February 07, 2018 22:41 UTC