Friday, February 9, 2018

Everything You Need To Know About The Federal Budget Deal

Congress finally passed a budget bill that will keep the government in business for a couple of years.  The budget included a 10% increase in defense spending and a 10% increase in domestic spending which included funds to help many states and US territories in the Caribbean to recover from natural disasters.  Increased spending, along with the tax cuts passed earlier, will lead to trillion dollar budget deficits that will be paid for by borrowing.  Fiscally responsible Republicans had to swallow hard to vote for the bill. 

Trump signed the bill which did not give him the billions that he had demanded for his famous wall.  It also did not incorporate any of Trump's demands for immigration reform.  Leaders in the Senate and in the House agreed to debate the DACA issue at a later date. 

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