With the August recess scheduled to start this weekend serving as the impetus, the House will take up later today the two-year budget deal that was agreed to by the Congressional Democrats and the White House.
The agreement would, among other things, increase the debt limit as well as raise the spending caps on discretionary programs for next year and the year after. Although the two sides agreed to the deal, several members of Congress have noted that nothing is certain until the legislation is actually signed into law by the President.
The Senate is scheduled to take up the measure next week, before it goes into recess for the month of August.