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
Hey! I just would like to give an enormous thumbs up for the good info you might have right here on this post. I can be coming again to your weblog for more soon.
What i do not realize is if truth be told how you are no longer really much more neatly-liked than you may be right now. You’re very intelligent. You recognize therefore considerably in relation to this matter, produced me in my view consider it from so many varied angles. Its like women and men are not interested except its something to do with Woman gaga! Your own stuffs outstanding. At all times deal with it up!
I have been reading out a few of your articles and i can state pretty clever stuff. I will make sure to bookmark your website.
I’m very happy to read this. This is the type of manual that needs to be given and not the random misinformation that is at the other blogs. Appreciate your sharing this best doc.
Its actually a great and helpful piece of information. I am satisfied that you simply shared this helpful info with us. Please stay us up to date like this. Thank you for sharing.
Some truly select blog posts on this internet site , bookmarked .
I’m extremely inspired with your writing talents and also with the format on your weblog. Is this a paid theme or did you modify it yourself? Either way stay up the nice high quality writing, it is uncommon to see a nice blog like this one today..
Hi my friend! I wish to say that this post is amazing, great written and include approximately all important infos. I’d like to look more posts like this.
Its actually a cool and helpful piece of information. Im happy that you shared this helpful information with us. Please stay us up to date like this. Thank you for sharing.
Thank you for the good writeup. It in fact was a amusement account it. Look advanced to more added agreeable from you! However, how could we communicate?
whoah this weblog is excellent i really like studying your articles. Keep up the great paintings! You recognize, many people are searching around for this info, you can help them greatly.
Wow! This can be one particular of the most beneficial blogs We have ever arrive across on this subject. Actually Excellent. I am also an expert in this topic so I can understand your hard work.
Thanks on your marvelous posting! I truly enjoyed reading it, you happen to be a great author.I will remember to bookmark your blog and will often come back someday. I want to encourage yourself to continue your great job, have a nice evening!
Write more, thats all I have to say. Literally, it seems as though you relied on the video to make your point. You obviously know what youre talking about, why throw away your intelligence on just posting videos to your blog when you could be giving us something informative to read?
Its onerous to search out knowledgeable folks on this subject, but you sound like you know what youre speaking about! Thanks
Write more, thats all I have to say. Literally, it seems as though you relied on the video to make your point. You clearly know what youre talking about, why waste your intelligence on just posting videos to your site when you could be giving us something informative to read?
I am not sure where you’re getting your info, but great topic. I needs to spend some time learning more or understanding more. Thanks for wonderful information I was looking for this information for my mission.
Thanks for the post, how can I make is so that I get an email sent to me when there is a fresh update?
wonderful issues altogether, you simply won a emblem new reader. What might you recommend in regards to your post that you just made a few days ago? Any certain?
You made some good points there. I did a search on the matter and found a good number of persons will go along with with your blog.
Fantastic website you have here but I was curious if you knew of any community forums that cover the same topics discussed here? I’d really like to be a part of online community where I can get suggestions from other experienced individuals that share the same interest. If you have any recommendations, please let me know. Many thanks!
Does your blog have a contact page? I’m having trouble locating it but, I’d like to send you an email. I’ve got some suggestions for your blog you might be interested in hearing. Either way, great site and I look forward to seeing it improve over time.
I have been reading out a few of your stories and i must say clever stuff. I will make sure to bookmark your site.
I have been reading out a few of your posts and i must say pretty nice stuff. I will surely bookmark your site.
fantastic points altogether, you just received a new reader. What may you recommend about your publish that you made a few days in the past? Any certain?
hi!,I like your writing so much! share we communicate more about your article on AOL? I require an expert on this area to solve my problem. May be that’s you! Looking forward to see you.
Good I should certainly pronounce, impressed with your website. I had no trouble navigating through all tabs as well as related info ended up being truly simple to do to access. I recently found what I hoped for before you know it at all. Reasonably unusual. Is likely to appreciate it for those who add forums or something, site theme . a tones way for your customer to communicate. Nice task..
Ive been exploring for a little for any high quality articles or weblog posts in this kind of area . Exploring in Yahoo I at last stumbled upon this site. Reading this info So im happy to convey that I have an incredibly good uncanny feeling I found out exactly what I needed. I most indisputably will make certain to dont omit this site and give it a glance regularly.
great issues altogether, you just received a brand new reader. What would you recommend about your put up that you simply made a few days ago? Any positive?
What i don’t realize is actually how you’re no longer really much more well-favored than you may be now. You’re so intelligent. You recognize thus considerably with regards to this topic, produced me individually believe it from numerous varied angles. Its like men and women are not involved until it is something to do with Woman gaga! Your personal stuffs great. All the time take care of it up!
As a Newbie, I am constantly searching online for articles that can benefit me. Thank you
I do accept as true with all of the ideas you’ve offered on your post. They’re very convincing and will definitely work. Still, the posts are too quick for beginners. May just you please lengthen them a bit from subsequent time? Thanks for the post.
I believe that avoiding refined foods may be the first step in order to lose weight. They may taste beneficial, but prepared foods have very little vitamins and minerals, making you consume more only to have enough vitality to get over the day. Should you be constantly ingesting these foods, transitioning to cereals and other complex carbohydrates will let you have more vigor while feeding on less. Thanks alot : ) for your blog post.
You have noted very interesting points! ps decent internet site.
What i do not realize is in truth how you are not really a lot more neatly-liked than you may be now. You’re so intelligent. You realize therefore considerably when it comes to this subject, made me for my part imagine it from a lot of various angles. Its like men and women are not involved unless it is one thing to accomplish with Lady gaga! Your own stuffs nice. All the time deal with it up!
Does your website have a contact page? I’m having trouble locating it but, I’d like to send you an email. I’ve got some ideas for your blog you might be interested in hearing. Either way, great website and I look forward to seeing it expand over time.
Good day! I know this is kinda off topic but I was wondering if you knew where I could find a captcha plugin for my comment form? I’m using the same blog platform as yours and I’m having problems finding one? Thanks a lot!
Howdy would you mind letting me know which webhost you’re utilizing? I’ve loaded your blog in 3 different internet browsers and I must say this blog loads a lot quicker then most. Can you suggest a good web hosting provider at a reasonable price? Thanks a lot, I appreciate it!
Thanks for your useful post. Over time, I have come to understand that the particular symptoms of mesothelioma cancer are caused by the particular build up of fluid involving the lining in the lung and the upper body cavity. The condition may start from the chest place and multiply to other limbs. Other symptoms of pleural mesothelioma cancer include weight loss, severe breathing in trouble, throwing up, difficulty ingesting, and bloating of the face and neck areas. It really should be noted that some people with the disease don’t experience any kind of serious indications at all.
Howdy! I know this is kind of off topic but I was wondering if you knew where I could find a captcha plugin for my comment form? I’m using the same blog platform as yours and I’m having difficulty finding one? Thanks a lot!