The deal will punt any further debt limit problems to 2021, when the White House will either be under new management or we’ll all have much bigger problems
The two mutually hostile partisan leaders cut a deal that will kick many cans down the road. Photo: Getty Images, Shutterstock If you love partisan kabuki theater, predictable debt limit crises, actual government shutdowns, threatened government shutdowns, or hyperventilation about budget deficits and debt, this was a sad day for you:
Under the deal, the Pentagon’s budget would increase to $738 billion next fiscal year — a $22 billion increase that is just short of Trump’s demands but above House Democrats’ proposal, according to multiple sources.It would also increase nondefense spending to $632 billion — a $27 billion increase that marks a victory for Democrats, though the money will also have to cover extra Census costs as well as a shortfall in Veterans Affairs funding….
There will be squawking over the deal both from conservatives who wanted more domestic budget cuts and progressives who think the domestic spending levels are far too inadequate, and/or that the bloated Pentagon budget could have gone on a diet. But it’s very much the kind of deal that has become customary in the era of divided government, enacted with a little less posturing than usual.
The deal…marks a significant retreat for the White House, which insisted just a few months ago that it would force Congress to cut spending in a range of programs as a way to enact fiscal discipline. Instead, the White House agreed to raise spending for most agencies, particularly at the Pentagon.
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