Congressional Negotiators Agree To 2-Year Budget Deal

Law360, Los Angeles (December 10, 2013, 8:00 PM EST) -- Congressional budget negotiators announced on Tuesday a plan to fund the government and restore some domestic and military spending, avoiding deeper sequestration cuts expected later this week and preventing a government shutdown for two years.

The deal would raise spending by about $45 billion, to $1.012 trillion, about halfway between the House and Senate’s proposals, and set next year’s budget at $1.1014 trillion. It would add back $63 billion to programs affected by the sequester.

Though not a grand bargain long sought by some lawmakers, the...
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