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Tag Archives: budget deal

Speaker Nancy Pelosi: House Should Pass Deal on Government Spending, Debt Limit Before Recess

House Speaker Nancy Pelosi (D-Calif.) said she hopes the lower chamber can pass a deal to raise the debt ceiling and set spending levels by July 26, CNBC reported Wednesday. Pelosi said she expects the White House and the chamber to agree on a measure by Friday, July 19 to allow lawmakers to work on the legislative text over the weekend.

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House, Senate Negotiators Agree on 2016 NDAA Revisions

Leaders of the House and Senate armed services committees have finalized a strategy to insert $5 billion of potential military funding cuts in the 2016 National Defense Authorization Act, The Washington Post reported Tuesday. Karoun Demirjian writes the congressional negotiators modified a $612-billion NDAA in an effort to meet funding levels under a …

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Obama Signs 2-Year Debt Limit Suspension Bill

President Barack Obama signed a bipartisan budget deal Monday that suspends the debt limit through March 2017 and increases spending levels by $80 billion until September 2017, The Hill reported Monday. Jordan Fabian writes the signed budget plan comes a day before the Tuesday deadline to avoid a federal default …

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House Clears Budget Deal in 266-167 Vote

The House approved a budget deal by a 266-167 bipartisan vote Wednesday to raise spending levels for the next two years and extend the government’s borrowing authority until March 2017, USA Today reported Wednesday. Deidre Shesgreen writes the agreement calls for an additional $80 billion in domestic and military program funds spread …

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