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Spending Deal Signed Into Law

After clearing the Senate yesterday by a 67-28 margin, H. R. 3877, the two-year spending deal, was signed into law earlier today by the president.

The law increases the discretionary spending levels for FY2020 and FY2021, effectively ending the last two years of potentially draconian spending cuts called for by the Budget Control Act of 2011.  It also suspends the debt limit until July of 2021.