Mubasher: Leaders of the US Senate has reached a two-year bipartisan budget deal that will increase spending by around $300 billion.
"This bill is the product of extensive negotiations among congressional leaders and the White House. We worked hard to find common ground and remained focused on serving the American people." Republican Senator and Senate Majority Leader Mitch McConnell said on Wednesday.
Meanwhile, Democratic Senator and Senate Minority leader Chuck Schumer said that the deal should break the cycle of partisan fights over spending.
Non-defense spending is expected to by increase by $131 billion, including $20 billion for infrastructure projects.