President Donald Trump struck a rare bipartisan deal last night on budget legislation that would avoid a rancorous government shutdown this fall. The accord, approved by congressional leadership but still subject to floor votes, increases spending limits by $320 billion and permits more borrowing until 2021. Trump tweeted that it was a “real compromise” with “no poison pills,” while Speaker Nancy Pelosi praised the deal’s increase in non-defense spending.
Who’s against it? Conservatives decried the deal’s heavy borrowing, while some Democrats complained that it empowered Trump to shift funding, including to bankroll his signature border wall.
Read OZY’s accounting of the president’s successes.