Posted 1/9/2024, 11:01:00 AM
Congress Reaches Tentative 2024 Spending Deal, But Faces Conservative Opposition
- Congressional leaders reached a tentative deal on 2024 spending levels, but passage faces hurdles from conservative Republicans
- The $1.59 trillion deal funds defense at $886 billion and non-defense at $704 billion
- It rescinds some unspent COVID funds and cuts IRS funding from the Inflation Reduction Act
- House Freedom Caucus criticized the deal as a "total failure," signaling possible revolt
- Failure to pass individual spending bills may force a continuing resolution or omnibus bill, which conservatives oppose