WASHINGTON, Dec. 10 (Xinhua)-- Chief budget negotiators in the U.S. Congress said Tuesday that they have struck a deal to avoid a government shutdown on Jan. 15.
Senate Budget Committee Chairman Patty Murray and House Budget Committee Chairman Paul Ryan, the top lawmakers on budgetary issues in their respective chambers, announced the deal in a news conference at the Capitol Hill.
The deal, though fell short of a long-sought grand bargain to solve the overarching fiscal issues, would set the spending levels for the federal government over the next two years. It would also turn off part of the automatic spending cuts, known as sequester, over the upcoming two years.
Top U.S. lawmaker says "hopeful" about bipartisan budget deal
WASHINGTON, Dec. 5 (Xinhua) -- U.S. House Speaker John Boehner said Thursday he was hopeful that congressional budget negotiators will finally cut a deal over federal budget before the Dec. 13 deadline.
"I'm hopeful that Paul Ryan and Patty Murray will come to a budget agreement that can pass both the House and the Senate," the top lawmaker told reporters at the Congress. Full story
White House budget chief "cautiously optimistic" about budget deal
WASHINGTON, Dec. 4 (Xinhua) -- Sylvia Burwell, director of the White House Office of Management and Budget (OMB), on Wednesday said she was "cautiously optimistic" that congressional budget negotiators will ink a budget deal this month to replace some of the ongoing across-the-board government spending cuts. Full story