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Author Topic: Trump, Democrats clinch two-year budget deal  (Read 152 times)

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Online mystery-ak

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Trump, Democrats clinch two-year budget deal
« on: July 23, 2019, 01:11:50 am »
Trump, Democrats clinch two-year budget deal
By Jordain Carney - 07/22/19 05:51 PM EDT

President Trump and Speaker Nancy Pelosi (D-Calif.) reached a two-year budget deal Monday that also suspends the debt ceiling through July 2021, capping days of furious negotiations.

The agreement, spearheaded by Pelosi and Treasury Secretary Steven Mnuchin, sets the top-line numbers for overall defense and nondefense spending for fiscal 2020 and 2021.

“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,” Trump tweeted.

more
https://thehill.com/policy/finance/454206-trump-backs-two-year-budget-deal
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Online Hoodat

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Re: Trump, Democrats clinch two-year budget deal
« Reply #1 on: July 23, 2019, 01:39:08 am »
In any compromise between good and evil, it is only evil that can profit.  They need to cut spending, not increase it.

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The Committee for a Responsible Federal Budget (CRFB), a fiscally conservative advocacy group, said before the deal was announced that it had the potential to be “the worst budget agreement in our nation’s history.”

“If this deal passes, President Trump will have increased discretionary spending by as much as 22 percent over his first term and enshrine trillion-dollar deficits into law,” said CRFB President Maya MacGuineas.

This deal essentially gives the Democrats everything they could possibly want, yet doesn't hold them accountable.
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