Ulysses Everett McGill
- Aug 26, 2011
Sweeping budget deal would more than $500 billion in federal spending, end months of partisan wrangling
The Republican-led Congress is set to vote Thursday on a two-year budget deal that would include massive increases in military and domestic spending programs, reflecting an ideological shift for a party whose leaders long preached fiscal conservatism but have now embraced big spending.
If the plan wins passage, it would quell months of squabbling between the parties with another big addition to the federal deficit, ending the need for repeated short-term agreements that led to frequent brinkmanship and a government shutdown.
The accord would deliver the defense funding boost wanted by President Trump and Republican lawmakers alongside an increase in domestic programs sought by Democrats, as well as tens of billions of dollars for disaster victims.