Trump announces bipartisan budget agreement, would raise spending by $320 billion
by Zachary Halaschak
| July 22, 2019 06:25 PM
After negotiations with both Republican and Democratic leaders in Congress, President Trump announced the parties had come to a compromise on a two-year budget agreement.
“I am pleased to announce that a deal has been struck with Senate Majority Leader Mitch McConnell, Senate Minority Leader Chuck Schumer, Speaker of the House Nancy Pelosi, and House Minority Leader Kevin McCarthy - on a two-year Budget and Debt Ceiling, with no poison pills...
“...This was a real compromise in order to give another big victory to our Great Military and Vets!” Trump tweeted Monday evening.
The agreement would increase spending by $320 billion and lift the government’s debt ceiling with spending on domestic and military programs increasing equally. Some conservatives in the House expressed concern for the concept and the effect it would have on the deficit.
“I have communicated consistently there will be a large number of conservatives in the House who will not be able to vote for the deal, if these are indeed the terms,” Republican Rep. Mike Johnson of Louisiana and head of the Republican Study Committee, told the Washington Examiner on Monday.