GOP, Dem Leaders Agree on 2024 Spending Levels as US Debt Screams Past $34 Trillion

Congressional leaders have announced a $1.66 trillion agreement on overall spending levels for the government’s current fiscal year. They’re racing once again to avoid a partial government shutdown later this month.

The tentative deal does include some spending cuts, although not nearly enough for some conservatives who are concerned about the consequences of America’s skyrocketing national debt.

In a letter to colleagues on Sunday, House Speaker Mike Johnson (R-LA) said the agreement would secure $16 billion in additional spending cuts from the previous agreement brokered by then-Speaker Kevin McCarthy and President Joe Biden and is about $30 billion less than what the Senate was considering.

Read the full story from CBN’s Steve Warren:
https://cmsedit.cbn.com/cbnnews/us/2024/january/gop-dem-leaders-agree-on-2024-spending-levels-as-us-debt-screams-past-34-trillion

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