Senate Deal Would Avoid Shutdown as Funding Fight Turns to House
- Two-year agreement would raise spending by almost $300 billion
- Current government funding runs out at end of day Thursday
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Senate leaders announced a bipartisan two-year budget agreement Wednesday that would provide nearly $300 billion in additional funding, a crucial step toward averting a Friday government shutdown and ending a months-long impasse on spending priorities.
The plan would suspend the federal debt ceiling until March 1, 2019, and would provide almost $90 billion in hurricane and wildfire disaster aid. A Senate vote is expected Thursday, followed by the House.