Out of Debt Ceiling Fight, Some See a Bit of Stability on Federal Spending
By CARL HULSE
NYT
WASHINGTON — Eager to avoid another round of budget brinksmanship, Congressional leaders hope that a little-noted spending agreement tucked into the debt limit deal reached this month can head off any threat of a government shutdown as the federal fiscal year draws to a close in September.
While provisions to raise the debt limit and create a Congressional deficit reduction committee drew most of the attention in the legislation that allowed the government to narrowly avert a default, House and Senate leaders also used the measure to establish federal spending limits for the next two years.
Lawmakers are still likely to clash over just how the money is parceled out to various agencies and the Pentagon. But members of both parties say the bipartisan compromise on overall spending makes it unlikely that an impasse will push Congress back to the brink of closing the government in a repeat of the April showdown that ended just hours before federal money ran out. The current fiscal year ends Sept. 30.
“It substantially reduces the risk of a shutdown fight,” said Representative Chris Van Hollen of Maryland, the senior Democrat on the Budget Committee, who added that the prospect of spending certainty helped him sell the debt limit agreement to his fellow Democrats.
(More here.)
NYT
WASHINGTON — Eager to avoid another round of budget brinksmanship, Congressional leaders hope that a little-noted spending agreement tucked into the debt limit deal reached this month can head off any threat of a government shutdown as the federal fiscal year draws to a close in September.
While provisions to raise the debt limit and create a Congressional deficit reduction committee drew most of the attention in the legislation that allowed the government to narrowly avert a default, House and Senate leaders also used the measure to establish federal spending limits for the next two years.
Lawmakers are still likely to clash over just how the money is parceled out to various agencies and the Pentagon. But members of both parties say the bipartisan compromise on overall spending makes it unlikely that an impasse will push Congress back to the brink of closing the government in a repeat of the April showdown that ended just hours before federal money ran out. The current fiscal year ends Sept. 30.
“It substantially reduces the risk of a shutdown fight,” said Representative Chris Van Hollen of Maryland, the senior Democrat on the Budget Committee, who added that the prospect of spending certainty helped him sell the debt limit agreement to his fellow Democrats.
(More here.)
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