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Deal sealed on federal budget, ensuring no shutdown, default
By ANDREW TAYLOR
Associated Press
WASHINGTON (AP) —
President Donald Trump
and congressional lead-
ers announced Monday
a critical debt and bud-
get agreement that’s an
against-the-odds victory
for Washington pragmatists
seeking to avoid political
and economic tumult over
the possibility of a govern-
ment shutdown or first-ever
federal default.
The deal, announced by
Trump on Twitter and in a
statement by Democratic
House Speaker Nancy Pe-
losi and Senate Democrat-
ic leader Chuck Schumer,
will restore the govern-
ment’s ability to borrow to
pay its bills past next year’s
elections and build upon
recent large budget gains
for both the Pentagon and
domestic agencies.
“I am pleased to an-
nounce that a deal has Speaker of the House Nancy Pelosi, D-Calif., addresses the NAACP convention, Monday, July 22, 2019, in Detroit.
been struck,” Trump tweet- Associated Press
ed, saying there will be no er big victory to our Great next year and slightly more dictable path amid politi- seeking to protect domes-
“poison pills” added to fol- Military and Vets!” in fiscal 2021. cal turmoil and polarization, tic programs.
low-up legislation. The agreement is on a It would mean a win for defense hawks determined
“This was a real compro- broad outline for $1.37 tril- lawmakers eager to return to cement big military in-
mise in order to give anoth- lion in agency spending Washington to a more pre- creases and Democrats Continued on Page 3