General World News

Deal Sealed on Federal Budget Ensures no Shutdown, Default

President Donald Trump and congressional leaders have announced a critical debt and budget agreement that’s an against-the-odds victory for Washington pragmatists seeking to avoid political and economic tumult over the possibility of a government shutdown or first federal default.

The deal, announced Monday by Trump on Twitter and in a statement by Democratic House Speaker Nancy Pelosi and Senate Democratic leader Chuck Schumer, will restore the government’s ability to borrow to pay its bills past next year’s elections and build upon recent large budget gains for both the Pentagon and domestic agencies.

“I am pleased to announce that a deal read more >>>

Source:: VOANews.Com