White House, Congress reach 2-year budget agreement
WASHINGTON, July 22 (Xinhua) -- U.S. President Donald Trump and Democratic congressional leaders confirmed Monday that the White House and Congress struck an agreement on increasing overall spending levels and suspending the debt ceiling for two years.
"I am pleased to announce that a deal has been struck with Senate Majority Leader Mitch McConnell, Senate Minority Leader Chuck Schumer, Speaker of the House Nancy Pelosi, and House Minority Leader Kevin McCarthy - on a two-year Budget and Debt Ceiling," Trump tweeted.
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