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Hill And Trump Administration Close In On 2-Year Budget Deal
NPR: House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin are closing in on a budget deal to raise the debt ceiling past the 2020 elections and set $1.3 trillion for defense and domestic spending over the next two years.
Congressional sources briefed on the deal said the agreement would suspend the debt limit until July 31, 2021, and include parity in spending increases for defense and domestic programs. It would include about $75 billion in offsets for those spending increases.
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