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Senate leaders agree to 2-year spending deal worth $400bn

Staff Writer |
Senate leaders announced a budget deal to increase federal spending by about $400 billion over two years.

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This is a proposal that's almost sure to face significant resistance in the House.

The budget agreement negotiated by Senate Majority Leader Mitch McConnell, R-Ky., and Senate Minority Leader Chuck Schumer, D-N.Y., calls for a $63 billion increase in domestic spending and $80 billion more for defense spending. The deal includes similar spending levels for 2019.

The bill also calls for the lifting of limits on federal spending, which would allow the repeating increases in defense and domestic budgets.

The full Senate is expected to vote on the deal Wednesday afternoon.

"This bill represents a significant, bipartisan step forward. I urge every Senator to review this legislation and join in voting to advance it," McConnell said.

"For the first time in years, our military will have the resources needed to keep us safe."

"We have reached a two-year budget deal that will benefit our country in so many ways," Schumer said. "The budget deal will bring relief to folks caught in the grips of opioid addiction."

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