US budget agreement reached

The bill has been labelled a ‘monstrosity’ by critics of the $300bn spending plan

Mitch McConnell and Chuck Schumer together after reaching budget agreement
(Image credit: 2018 Getty Images)

US Senate leaders Mitch McConnell and Chuck Schumer (pictured) have reached a bipartisan deal that would fund the government for two years, potentially bringing to an end months of political gridlock over the budget crisis.

The bill includes $300bn (£216bn) in spending increases for both defence and domestic programs, with military spending getting an $80bn boost in the first fiscal year, followed by $85bn in the second.

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
To continue reading this article...
Continue reading this article and get limited website access each month.
Get unlimited website access, exclusive newsletters plus much more.
Cancel or pause at any time.
Already a subscriber to The Week?
Not sure which email you used for your subscription? Contact us