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Congressional leaders announce spending deal as shutdown threat looms
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| Contributor | RP |
| Last Edited | RP Jan 08, 2024 10:41am |
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| Category | Announcement |
| Author | Manu Raju and Lauren Fox, and Haley Talbot |
| News Date | Monday, January 8, 2024 04:40:00 PM UTC0:0 |
| Description | House and Senate leaders on Sunday announced a spending deal for government funding in 2024, the first step to averting a shutdown later this month even as that threat still looms.
The topline numbers agreed to by House Speaker Mike Johnson and Senate Majority Leader Chuck Schumer include $1.59 trillion for fiscal year 2024, with $886 billion for defense spending and $704 in non-defense spending. They also agreed to a $69 billion side deal in adjustments that will go toward non-defense domestic spending.
The side deal brings the non-defense spending figure to nearly $773 billion, a Democratic source told CNN, with spending close to $1.66 trillion overall.
While their agreement on funding levels will reduce the chances of a shutdown, there are still major hurdles facing Congress ahead of two funding deadlines: January 19 and February 2. |
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