The Senate approved a two-year budget deal on Thursday that lifts strict caps on spending by hundreds of millions of dollars and raises the nation’s borrowing authority -- known as the debt ceiling -- a rare bipartisan agreement crafted by House Speaker Nancy Pelosi and Treasury Secretary Stephen Mnuchin that kicks the delicate issues past the 2020 election.
“Given the exigencies of a divided government we knew any bipartisan agreement on funding levels would not appear perfect to either side,” McConnell told his colleagues Thursday, adding, “But the administration negotiated a strong deal.” The skyrocketing deficit, made worse by this deal, has many Republicans wary of a backlash as the party departs from a balanced budget orthodoxy strictly adhered to for decades.
“The budget monstrosity, the deal, the abomination,” Paul said, will have “no restraints” on spending, Paul decried, adding, “We should not spend money we don’t have…I will vote against this budget deal.”
TheView Print the money! Yahoo!
Just don't call in the loans.
TheView Obama 6.5 Trillion increased debt in his first 4 years! Almost 20 trillion in his 8 years of being president! SMH
Trump is billionaire socialist enriching himself & billionaires; taxpayers are paying for billionaire tax scams..,something wrong with this picture
TheView He will bankrupt the US just like he did to his companies
Time for a new set of clubs.
JACKLARKIN1 SenateGOP realDonaldTrump HouseGOP In so doing they are completely screwing the American people, our kids and our grandkids. This should be an impeachable offense for the corrupt cowards if congress.
TheView Small hands.....
Hide as much money as possible before declaring bankruptcy. A documented historic behavior.
I want to unroll this every chance I get.... realDonaldTrump
Debt ceiling 'is through the roof'
The Mitch we knew ten years ago wouldn't stand for this.... Inconsistent
Have they capped Donald’s travel expenses?
I think you meant to say BILLIONS.
More spending. Less taxes. There's a winning formula!
Fake Conservatives
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Election-security bill McConnell dismissed as partisan gets GOP backer.MaddowBlog: Election-security bill Senate Majority Leader McConnell dismissed as partisan gets GOP backer. MaddowBlog She's desperate to get re-elected. MaddowBlog please ReadTheCummingsReport and cover it. MaddowBlog Even if she does, it's too late in the game. She needs to GO!
Source: MSNBC - 🏆 469. / 51 Read more »
Why GOP Senator and rape survivor Martha McSally has endorsed a Trump nominee accused of sexual assaultThe first-term lawmaker told Newsweek that after weeks of studying the evidence, she's determined the accusations levied against the four-star general are false. SenMcSallyAZ Because someone has to take SenatorCollins' place when she's gone! SenMcSallyAZ Because the Democrat mainstream media believes you are guilty until you prove your innocence. SenMcSallyAZ It's simple, the GOP have no morals, and are inspired by greed and corruption.
Source: Newsweek - 🏆 468. / 52 Read more »
GOP senators push Trump admin for a new tax break for the wealthyThe GOP's tax cuts for the wealthy haven't worked out as planned, so 21 Republican senators want a new one - that they think can be implemented without Congress MaddowBlog No wonder the states they run are so poor. MaddowBlog You haters are mind boggling & have ZERO CLUE how much the first tax cuts helped with raises & bonus some of us Pee Ons got! Ignorance only combined with pure hate which could screw all of us from the ignorance! MaddowBlog Trump's 'great economy' is a house of cards fueled by huge tax cuts and deregulation that help corporate profits at the expense of the Environment and the Ballooning National Debt! History will Treat the Trump Administration harshly and the most dishonest and corrupt EVER
Source: MSNBC - 🏆 469. / 51 Read more »
Trump nominee for UN ambassador, Kelly Knight Craft, confirmed over Democrats' objectionsCraft came under fire from Democrats for her views on climate change and her ties to the coal industry. Her husband is the CEO a major U.S. coal company. MoscowMitch strikes again
Source: YahooNews - 🏆 380. / 59 Read more »
The Latest: Budget, debt deal clears Senate, heads to TrumpWASHINGTON (AP) — The Latest on legislation dealing with the federal budget and the government's borrowing limit (all times local): 12:13 p.m. A bipartisan budget and debt deal has... Republicans are the party of big spenders Still neglecting gold star families TY TRUMP! Maga2020
Source: AP - 🏆 728. / 51 Read more »
Senate gives final passage to budget increasing military spending and deficit, Trump to signBREAKING: Congress passes budget deal increasing military spending and the deficit; President Trump expected to sign. Cocaine Mitch wins again! MoscowMitch 🤯🤯🤯🤯🤯. Even with the Rand Paul whining about the money?
Source: NBCNews - 🏆 10. / 86 Read more »