10 things you need to know today: January 8, 2024

Congressional leaders agree on spending levels as shutdown looms, 'Oppenheimer' leads the Golden Globe winners, and more

Cillian Murphy poses with Golden Globe for "Oppenheimer"
Cillian Murphy poses with Golden Globe for "Oppenheimer"
(Image credit: John Salangsang / Golden Globes 2024/Golden Globes 2024 via Getty Images)

1. Congressional leaders agree on spending levels as shutdown looms

House and Senate leaders announced a tentative spending deal Sunday in a step toward averting a government shutdown later this month. House Speaker Mike Johnson (R-La.) and Senate Majority Leader Chuck Schumer (D-N.Y.) settled on funding levels that included $886 billion for defense spending and $773 billion in non-defense spending for a total of about $1.66 trillion for fiscal year 2024. Congress still must approve funding bills or a stopgap resolution ahead of Jan. 19 and Feb. 2 funding deadlines to prevent a shutdown. Johnson said Republicans won concessions like IRS funding cuts, while Schumer said Democrats protected health care and nutrition assistance from "draconian cuts sought by right-wing extremists." CNN, The New York Times

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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.