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Tag Archives: Senate

Congress, White House Strike Two-Year Deal on Spending, Debt Ceiling

The White House and Congress have reached a deal that would suspend the debt limit until the end of July 2021 and raise federal spending over two years, The Wall Street Journal reported Monday. The two-year budget deal worth more than $2.7T would increase federal spending by about $320B over a couple of years above budget caps set in the Budget Control Act of 2011.

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Weekly Roundup: House Approves $733B Defense Bill, ICF, CACI, Palantir, ECS Receive Big Contracts, POC Hosts 2019 Secure Supply Chain Forum & Weekly Top 10 Stories

On Monday, the House passed a $733 billion defense policy bill, by a 220 to 197 vote, for fiscal year 2020. The lower chamber’s 2020 National Defense Authorization Act is $17 billion less than the president’s budget request. Lawmakers are expected to meet in the coming months to reconcile the …

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