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Congressional leaders announce agreement on spending levels

IndiaTimes Monday, 8 January 2024
Congressional leaders have reached an agreement on overall spending levels to avoid a partial government shutdown. The agreement adheres to spending caps for defense and domestic programs, but provides concessions to House Republicans. House Speaker Mike Johnson states that the agreement secures $16 billion in additional spending cuts. It is $30 billion less than what the Senate was considering. The agreement also speeds up the already agreed-upon cuts for the Internal Revenue Service and rescinds $6 billion in Covid relief money.
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News video: Will Americans Ever Stand Up Against This Out Of Control Spending? (Ep 1823) 1/8/24

Will Americans Ever Stand Up Against This Out Of Control Spending? (Ep 1823) 1/8/24

 Congressional leaders have reached an agreement on the next government spending bills, avoiding a partial shutdown. The deal sets top-line spending for fiscal year 2024 at $1.59 trillion, as originally agreed by President Biden and then-House Speaker McCarthy.

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