The House of Representatives is on track to vote on a sweeping two-year budget and debt limit deal that would stave off the looming threat of a potential default on US debt and prevent automatic spending cuts to domestic and military funding.
The agreement, negotiated between congressional leaders and the Trump administration, represents a significant bipartisan compromise. While it is facing pushback from some conservatives, it appears to be on track to pass both chambers of Congress and be signed into law by President Donald Trump.The deal suspends the debt limit through July 2021 and sets top-line levels for defense and nondefense spending for the next two fiscal years. It establishes a $1.
The Senate will be in session next week, giving the upper chamber additional time to vote on the deal once the House does and to send the measure to the President's desk. Since the deal is a compromise, neither Democrats nor Republicans view it as ideal and there has been pushback from some factions on Capitol Hill, but so far that does not seem like it will be enough to prevent the measure from passing both chambers of Congress and being signed by Trump.
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