FIRST AIRED: July 23, 2019

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00:00:00
US president Donald Trump and congressional leaders have reached a deal on a two year extension of the debt limit and federal spending caps trump made the announcement on Twitter calling it a real compromise it comes amid heightened tension between trump and democratic lawmakers these comments from the White House are disgraceful and disgusting recently with house Democrats voting to approve a symbolic resolution condemning trumps go back to Leeds against for minority congresswoman controversial rhetoric aside Senate minority leader Chuck Schumer and speaker of the house Nancy Pelosi promptly issued a statement confirming Mondays agreements which allows the treasury department's borrowing authority to be extended through July thirty first twenty twenty one the deal would also set overall spending levels for the next two years on both defense and non defense programs operated by the federal government's if passed by the Senate and signed into law by trump the bipartisan agreement would stop a potential debt default at the end of the current fiscal year last year Democrats objected to border wall funding and the breakdown led to a record long partial government shutdown Intel trump relented