Trump signs bipartisan budget and debt deal into law

The Associated Press

Washington – President Donald Trump on Friday signed a bipartisan debt increase and new set of spending limits that would help lock in spending increases for the Pentagon and elsewhere in the budget.

The hard-won agreement permits the government to resume borrowing to pay its bills and sets an overall $1.37 trillion limit on agency budgets approved by Congress annually. It also ends automatic spending cuts and eliminates the prospect of an October government shutdown.

The Senate voted 67-28 on Thursday to send the legislation to Trump. The House had already passed the bill.

Senate Majority Leader Mitch McConnell, R-Ky., accompanied by Sharon Soderstrom, his chief of staff, smiles after a vote on a hard-won budget deal that would permit the government to resume borrowing to pay all of its obligations and would remove the prospect of a government shutdown in October, at the Capitol in Washington, Thursday, Aug. 1, 2019.

The legislation was a victory for both House Speaker Nancy Pelosi, D-Calif., a lead negotiator, and top Senate Republican Mitch McConnell, R-Ky., who was the key force in favor among Capitol Hill Republicans.

But conservative Republicans called the measure a bad deal that permits unchecked federal borrowing for two years and pays too much ransom to Pelosi’s demands for new funds for domestic priorities sought by Democrats.

Senate Minority Leader Chuck Schumer, D-N.Y., left, joins Speaker of the House Nancy Pelosi, D-Calif., on the way to sign the budget package that had just passed in the Senate on Thursday, Aug. 1, 2019.

Follow-up legislation would fill in the line-by-line details of agency budgets when the Senate returns in September. Trump is sure to continue seeking billions of dollars for border security and wall construction, but unlike last year he does not appear eager for a government shutdown over it.