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Deal Reached on Spending Framework

December 14, 2022 · 6:41 am ET · Leave a Comment

“Congressional negotiators announced late Tuesday they had reached agreement on a ‘framework’ for fiscal year 2023 spending, clearing the way for passage of an omnibus appropriations package before Christmas,” Politico reports.

“Appropriators are not expected to reveal detailed top-line spending levels until a bill is written and filed, but negotiators had largely settled on a $858 billion defense budget while haggling over the nondefense number. The parties had been roughly $26 billion apart, with Republicans refusing to exceed the $1.65 trillion in total discretionary spending in President Joe Biden’s budget request.”

“Notably absent from the statements touting the deal: Any mention of the House GOP, whose leaders have pressed (at least publicly) for a short-term extension, giving their incoming majority more influence.”

Budget & Taxes

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Taegan Goddard

Taegan Goddard

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