Budget Deal Announced 💰
A bipartisan agreement
President Trump and Congressional leaders agreed to a two-year bipartisan budget deal that would provide billions in new spending and allay any concerns regarding a fiscal crisis. The deal could result in a potential $2 trillion increase to the national debt.
Not everyone is happy
The deal has been criticized by several Democrats (including AOC) and Republicans. House Minority Leader Kevin McCarthy (R-CA), who was part of the negotiations, is reportedly not a fan of the deal either.
The right spins this as a victory for President Trump, despite objections from fellow Republicans. They highlight that the $320 billion increase in spending caps is relative to the limits recommended by the 2011 Budget Control Act (passed by the “Tea-Party Congress”). The right also emphasizes that the deal abides by the Hyde Amendment, which prohibits government funding for most abortions.
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The left chooses to highlight two aspects of the deal. First, they emphasize that Trump is on track for another $1 trillion deficit and contend that unlike Obama, Trump has a growing economy with low unemployment. Second, they point out that the Republicans agreed to the deal in order to avoid another catastrophic government shutdown or the first-ever federal default.
Where's the common ground?
Although both sides build different narratives surrounding the subject, there is some common ground. Both sides do acknowledge that despite the deal being bipartisan, representatives from both sides of the aisle have expressed concerns for different reasons.
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