Senate leaders were closing in on a budget deal Tuesday that would lift caps on defense and domestic spending and break the cycle of temporary funding bills to keep the government operating.
The negotiations in the Senate were taking place as the House was set to vote on a stopgap spending bill to keep the government open until March 23 and provide full-year funding for the Defense Department. Leaders in both parties said they don’t want to bring the government to the brink of a shutdown and see little risk that it would occur.
Congressional leaders have been discussing a two-year budget deal costs more than $250 billion. Defense caps would be raised by between $70 billion to $80 billion, while non-defense caps would be raised in the $50 billion to $60 billion range.
Read more in Bloomberg.