“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, with no poison pills,” Trump tweeted, calling the deal “a real compromise.”

The White House and congressional leaders had for weeks negotiated over raising the limit on federal borrowing and setting budget cap numbers.

n a joint statement, Pelosi and Schumer confirmed the deal, suspending the debt limit until after the next presidential inauguration, July 31, 2021, while claiming Democrats “have achieved an agreement that permanently ends the threat of the sequester.”

“We are pleased that the Administration has finally agreed to join Democrats in ending these devastating cuts, which have threatened our investments to keep America Number One in the global economy and to ensure our national security,” Pelosi and Schumer stated. “With this agreement, we strive to avoid another government shutdown, which is so harmful to meeting the needs of the American people and honoring the work of our public employees.”

With all “four corners” of Capitol Hill pledging their support to the president, the bill is likely to pass. Read more

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“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, with no poison pills,” Trump tweeted, calling the deal “a real compromise.”

“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, with no poison pills,” Trump tweeted, calling the deal “a real compromise.”