Reuters: U.S.

Friday, August 2, 2019

Breaking News: Trump signs two-year budget deal

 
 
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Trump signs two-year budget deal
President Trump on Friday signed a sweeping budget deal that increases federal spending and lifts the nation’s borrowing limit, the White House said.

The new law suspends the debt ceiling through July 2021, removing the threat of a default during the 2020 elections, and raises domestic and military spending by more than $320 billion compared to existing law over the next two fiscal years.
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