This Sunday, North American Congress leaders reached an agreement to set a maximum spending cap for this year of $1.66 billion (million) to avoid the risk of a federal government shutdown.
The agreement was reached between the leaders of the Republican and Democratic parties and still needs to be ratified by Congress.
The agreement includes increasing Pentagon spending to $886.3 billion and keeping spending in other areas, namely health care and aid, at $772.7 billion, according to The New York Times.
The Associated Press writes that the agreement builds on spending limits that Congress has already set in the bill to suspend the debt limit until 2025, but at the same time it pleases House Republicans.
“This is the best budget deal Republicans have reached in more than a decade,” said Republican House Speaker Mike Johnson.
In a statement, United States President Joe Biden said the agreement would protect “important national priorities” and “avoid an unnecessary government shutdown.”
The agreement, he continued, “prevents deep cuts to programs that working families rely on and clears the way for passage of funding bills that will benefit the American people and be freed from extremist policies.”
Author: Lusa
Source: CM Jornal
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