Senate Spending Deal Includes Boost for Military, Disaster Aid
(Bloomberg) — Senate leaders agreed on a bipartisan two-year plan to increase federal spending by nearly $300 billion over two years, a pact likely to avert a government shutdown on Friday.
The agreement provides increases in defense spending sought by Republicans and more money for domestic programs championed by Democrats. Majority Leader Mitch McConnell of Kentucky called the plan a “significant agreement” that gives both parties what they want.
Lawmakers intend to combine the two-year spending deal with a short-term measure to keep the government operating when current funding runs out at the end of the day Thursday. The measure would keep the government open through March 23 to give lawmakers time to write longer-term spending bills.
Here are some provisions of the agreement, according to lawmakers, congressional summaries and officials familiar with the plan:
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