10 things you need to know today: July 23, 2019

The White House and lawmakers strike a budget deal, Boris Johnson is chosen as Britain's prime minister, and more

Boris Johnson leaves his headquarters
(Image credit: NIKLAS HALLE'N/AFP/Getty Images)

1. White House, lawmakers strike 2-year budget deal

White House and congressional negotiators on Monday reached a budget deal that would raise spending by $320 billion over current caps and raise the debt ceiling for two years. If approved, the agreement will keep the government funded beyond a looming September deadline and avert a potentially devastating partial government shutdown. The spending in the plan will increase already surging federal deficits, but President Trump hailed it as a victory. "I am pleased to announce that a deal has been struck ... on a two-year Budget and Debt Ceiling, with no poison pills," Trump tweeted. "This was a real compromise in order to give another big victory to our Great Military and Vets!"

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.