WASHINGTON: US President Donald Trump said on Monday (Jul 22) that a 'compromise' bipartisan budget agreement has been reached that will boost ...
WASHINGTON: US President Donald Trump said on Monday that a"compromise" bipartisan budget agreement has been reached that will boost federal spending by US$320 billion and suspend the debt limit beyond the next presidential election.
"This was a real compromise in order to give another big victory to our Great Military and Vets!" Trump added. The deal assures that Washington remains on a borrowing binge, as it raises the spending caps by some US$320 billion, a significant setback for the White House's stated goal of reining in expenditures.
Shortly before the deal was announced, David McIntosh, president of the conservative, pro-free-enterprise group Club for Growth, said Mnuchin"would best serve @realDonaldTrump if he insists on a better #spendingdeal that doesn't bankrupt our country." The Democratic-led House goes on summer break Jul 26, but the Senate, controlled by Trump's Republicans, is in session for an additional week.
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