Senate Clears Two-Year Budget Deal, Punts Borrowing Cap

By Christopher Cole (August 1, 2019, 6:53 PM EDT) -- The U.S. Senate passed a $320 billion spike in federal spending over two years and suspended the government's borrowing limit Thursday, clearing a House-passed budget deal with the White House over the objections of dozens of lawmakers in both parties.

President Donald Trump says he will sign the bill, which gives lawmakers room to spend billions more on military and domestic priorities, including defense contracts and transportation projects, in the next two fiscal years but also balloons the deficit.

At the same time, to head off a fiscal crisis and political headaches when Congress gets back after Labor Day, the measure...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!