With the end of the fiscal year fast approaching and yet another battle brewing in Congress over the annual budget and national debt limit, it appeared that Washington, D.C. would remain gridlocked headed into the August recess with a likely government shutdown standoff on the horizon in September.
But President Donald Trump announced via Twitter on Monday that all of that may have been entirely avoided as top leaders from both parties and both chambers of Congress had reached a two-year compromise agreement on spending and the debt limit.
Two-year agreement reached
Trump tweeted Monday evening, “I am pleased to announce that a deal has been struck with Senate Majority Leader Mitch McConnell, Senate Minority Leader Chuck Schumer, Speaker of the House Nancy Pelosi, and House Minority Leader Kevin McCarthy — on a two-year Budget and Debt Ceiling, with no poison pills.”
The president made reference to the benefits this deal would offer not only the Pentagon, but also veterans themselves in a follow-up tweet.
….This was a real compromise in order to give another big victory to our Great Military and Vets!
— Donald J. Trump (@realDonaldTrump) July 22, 2019
Spending up, but shutdown threat averted
The proposed deal would raise annual spending by upwards of $320 billion while also suspending the so-called debt ceiling until July 2021, long after the 2020 elections are over — essentially removing the budget and debt limit as an issue during the voting season.
Notably, the deal would also avoid the potential for another partial and temporary government shutdown prior to the election which, regardless of which side of the debate was responsible for the impasse, would inevitably and unfairly be pinned on President Trump and Republicans by the Democrat-aligned establishment media.
The proposed bill will now need to be passed by both the House and Senate and signed into law prior to lawmakers leaving town for their August vacation.
Both parties benefit
In a joint statement from House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer, the potential deal was praised as a compromise that would end the mandatory budget cuts brought about by sequestration.
The Democrat leaders also lauded the fact that the agremeent would provide additional funding for domestic spending designed to bring about parity between defense and non-defense discretionary spending.
To be sure, this deal will probably be opposed by fiscal conservatives who have long insisted that the federal budget desperately needs cuts, not increases — and they are not wrong in that regard at all.
However, this compromise could very well prove to be a significant tactical victory for President Trump for multiple reasons, in that it offers increased spending to improve the military and secures necessary funding for border security. Furthermore, the deal would eliminate the risk of government shutdown in 2020 that would assuredly be blamed on Trump and could prove detrimental to his chances of re-election.
Finally, assuming Trump holds the White House in 2020 and Republicans hold the Senate while also retaking the House, the stage would be set for Trump to finally make long-overdue spending cuts without a contentious election hanging over everyone’s heads.
355 Responses
I have recently started a web site, the information you provide on this site has helped me greatly. Thanks for all of your time & work. “Marriage love, honor, and negotiate.” by Joe Moore.
I do not even understand how I finished up right here, however I believed this publish was once great. I don’t know who you might be however certainly you are going to a famous blogger in the event you are not already 😉 Cheers!
Shopify gadget store
Hi, i think that i saw you visited my weblog so i came to “return the favor”.I am attempting to find things to enhance my website!I suppose its ok to use a few of your ideas!!
I loved as much as you’ll receive carried out right here. The sketch is tasteful, your authored material stylish. nonetheless, you command get got an edginess over that you wish be delivering the following. unwell unquestionably come more formerly again as exactly the same nearly a lot often inside case you shield this increase.
cbd new york
Heya are using WordPress for your site platform? I’m new to the blog world but I’m trying to get started and create my own. Do you require any coding knowledge to make your own blog? Any help would be really appreciated!
We stumbled over here from a different website and thought I might check things out. I like what I see so now i’m following you. Look forward to checking out your web page yet again.
Happy Faces We are up to standard with our products and services.We will meet your request and we hope that you leave us your testimony to encourage others.
InstaHot Cotton Turtleneck Letter Print Bodysuits
how to recover bitcoin wallet
Thank you so much for giving everyone an exceptionally wonderful opportunity to read from this site. It is usually so ideal plus packed with a great time for me personally and my office co-workers to search your website on the least 3 times in 7 days to learn the new guidance you have got. And lastly, I’m also at all times amazed for the attractive guidelines you give. Selected 4 ideas in this article are really the most suitable we have all had.
Lindsay Preston is a multi-certified life coach for go-getter women who have good lives but want great lives.
Thank you for the auspicious writeup. It in fact was a amusement account it. Look advanced to far added agreeable from you! By the way, how can we communicate?
Excellent beat ! I wish to apprentice whilst you amend your site, how could i subscribe for a blog website? The account aided me a applicable deal. I were tiny bit acquainted of this your broadcast offered vivid transparent idea
Simple & Powerful Uploadea is Amazingly easy to Use where to Store Your Data & Save Your Countless Time
Simple & Powerful Uploadea is Amazingly easy to Use where to Store Your Data & Save Your Countless Time
Thank you, I have recently been looking for info about this topic for ages and yours is the best I’ve found out till now. However, what concerning the conclusion? Are you sure about the source?
Excellent website you have here but I was curious about if you knew of any message boards that cover the same topics talked about in this article? I’d really love to be a part of group where I can get advice from other knowledgeable individuals that share the same interest. If you have any suggestions, please let me know. Thank you!
Thanks, I’ve recently been searching for information approximately this topic for a while and yours is the best I’ve discovered till now. But, what about the conclusion? Are you positive in regards to the supply?
ufabet
Good ¡V I should definitely pronounce, impressed with your web site. I had no trouble navigating through all the tabs and related information ended up being truly simple to do to access. I recently found what I hoped for before you know it in the least. Reasonably unusual. Is likely to appreciate it for those who add forums or something, website theme . a tones way for your customer to communicate. Nice task..
very good submit, i definitely love this web site, keep on it
Hello There. I found your blog using msn. This is an extremely well written article. I will be sure to bookmark it and return to learn extra of your helpful information. Thanks for the post. I will definitely comeback.
Sweet blog! I found it while surfing around on Yahoo News. Do you have any tips on how to get listed in Yahoo News? I’ve been trying for a while but I never seem to get there! Thanks
Parties can be challenging to put together. Especially during the Halloween season. So how can you make the perfect party no matter the season or your theme?
marketing visual production companies near me
diy kids craft youtube
What i’m thus , very happy want. Definitely distinctive line of instruct that is gifted do that your current pet falsehoods that’s generally to the second websites. Truly appreciate that expression the following biggest file.
Parties can be challenging to put together. Especially during the Halloween season. So how can you make the perfect party no matter the season or your theme
Hello.This article was really motivating, particularly since I was investigating for thoughts on this issue last Saturday.
I was suggested this web site by my cousin. I’m not sure whether this post is written by him as no one else know such detailed about my difficulty. You’re incredible! Thanks!
seksi chat, chat, seuraa jokaiselle, panotreffit
Very good suggestions, I just added this to my RSS feed. What would you suggest in regards to your post that you made a few days ago?
Currently it seems like BlogEngine is the top blogging platform out there right now. (from what I’ve read) Is that what you are using on your blog?
Tampa video production Tampa marketing
Hi, Neat post. There’s a problem with your web site in internet explorer, would test this… IE still is the market leader and a large portion of people will miss your great writing due to this problem.
Outstanding post but I was wanting to know if you could write a litte more on this topic? I’d be very thankful if you could elaborate a little bit more. Many thanks!
Terrific work! This is the type of info that should be shared around the internet. Shame on Google for not positioning this post higher! Come on over and visit my web site . Thanks =)
I’ve been absent for some time, but now I remember why I used to love this blog. Thank you, I’ll try and check back more often. How frequently you update your web site?