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GOP, Dem Leaders Agree on 2024 Spending Levels as US Debt Screams Past $34 Trillion

08/01/24
CBN News

Congressional leaders have announced a $1.66 trillion agreement on overall spending levels for the government's current fiscal year. They're racing once again to avoid a partial government shutdown later this month. The tentative deal does include some spending cuts, although not nearly enough for some conservatives who are concerned about the consequences of America's skyrocketing national debt. In a letter to colleagues on Sunday, House Speaker Mike Johnson (R-LA) said the agreement would secure $16 billion in additional spending cuts from the previous agreement brokered by then-Speaker Kevin McCarthy and President Joe Biden and is about $30 billion less than what the Senate was considering. Read the full story from CBN's Steve Warren: https://cmsedit.cbn.com/cbnnews/us/2024/january/gop-dem-leaders-agree-on-2024-spending-levels-as-us-debt-screams-past-34-trillion CBN News. Because Truth Matters™ Download the free CBN News App: http://cbnnews.com/app SUBSCRIBE to the CBN News Channel for more: http://youtube.com/c/CBNnewsonline/?sub_confirmation=1 SUBSCRIBE to the QuickStart Newsletter by visiting quickstart.news SUBSCRIBE to the Quickstart Podcast. New episodes every morning at 7am: cbn.com/cbnnews/quickstart What's coming up next? Have a look at our program guide: https://www.youtube.com/redirect?q=http%3A%2F%2Fwww1.cbn.com%2Fcbnnews%2Fnewschann&redir_token=3Xja-7LE5ZQebEu1fn-B5ib34tN8MTU3OTg4MjMzMkAxNTc5Nzk1OTMy&v=P0mHVeNNfDw&event=video_description CBN features 24-hour TV news from a Christian perspective. The CBN News Channel provides independent news programming to an underserved audience to enlighten, entertain and inspire Christians around the world. Comments below do not necessarily reflect the views of CBN. Share this live feed with your friends and family: https://www.youtube.com/c/CBNnewsonline Like us on Facebook: https://www.facebook.com/cbnnews/ Like us on Twitter: https://twitter.com/CBNNews Follow us on Instagram: https://www.instagram.com/cbnnews/ Contact News Editors: https://www.youtube.com/redirect?q=https%3A%2F%2Fwww1.cbn.com%2Fcontact%2Fcontact-&redir_token=3Xja-7LE5ZQebEu1fn-B5ib34tN8MTU3OTg4MjMzMkAxNTc5Nzk1OTMy&v=P0mHVeNNfDw&event=video_description Questions about other CBN programs: Visit WatchCBNNews.com or call (888) 700-7000. Questions about supporting CBN News? Visit JoinCBNNews.com or call (888) 700-7000 for more information. Questions about Helping the Home Front? Call: 800-700-7000 https://www.youtube.com/redirect?q=https%3A%2F%2Fwww1.cbn.com%2F700club%2Fhelping-&redir_token=3Xja-7LE5ZQebEu1fn-B5ib34tN8MTU3OTg4MjMzMkAxNTc5Nzk1OTMy&v=P0mHVeNNfDw&event=video_description #breakingnews #politicalnews #christiannews #christian #christianity #church #breakingnews #cbnnews

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