Senior White House officials and GOP congressional leaders have apparently reached a deal that would fund government operations for two years while significantly raising both defense and non-defense spending. But there are some other changes included in the deal… John Iadarola (Think Tank) and Jimmy Dore (The Jimmy Dore Show Podcast), hosts of the The Young Turks, break it down. Tell us what you think in the comment section below.
“Senior White House officials and congressional leaders have struck a deal to raise the debt limit and set the federal budget for the next two years, say sources familiar with the talks.
The deal would extend the debt ceiling to March 2017 and bust budget limits set by a 2011 agreement that imposed a decade of reduced spending known as sequestration on the government.”…
Those funds would be divided equally between defense and nondefense spending, charting a compromise between Republican defense hawks pushing for more Pentagon spending and Democrats who wanted more spending on domestic programs as well.
The deal would also restructure benefits for Social Security Disability Insurance, a move that Republicans have pitched as the program’s first major change in decades.”*
Read more here: http://thehill.com/policy/finance/258…