WASHINGTON—Congressional leaders reached a two-year budget deal that removes automatic budget restraints on funding the U.S. military while increasing its budget. Fiscal conservatives, however, slammed the deal urging Congress to restore “fiscal sanity.”
Democratic and Republican negotiators agreed on a nearly $1.4 trillion spending plan on July 22. The new budget deal permanently ends budget caps set to expire in 2021 and suspends the debt limit for the next two years.
