WASHINGTON (Reuters) – President Donald Trump said on Monday a two-year deal had been reached with congressional leaders to raise the Treasury Department’s borrowing authority and to set budget spending caps.
“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 said on Twitter.
