Senate Majority Leader Harry Reid quietly announced on Tuesday that he and Republican House Speaker John Boehner have reached a deal to avoid an embarrassing pre-election shutdown and fund the government through March 2013.”This agreement reached between the Senate, the House and the White House provides stability for the coming months, when we will have to resolve critical issues that directly affect middle class families,” Reid said, according to MSNBC.
According to Reid, the six-month continuing resolution sets funding levels at $1.047 trillion for six months, postponing a spending fight until after the inauguration.
Congress is expected to vote on the deal in September, before current government funding is scheduled to expire.
The deal is the result of a change of course by Republicans in Congress, who had earlier insisted on lower spending levels. The GOP reversed course this month, with the hope that they will be able to win even deeper spending cuts if Republicans take back the Senate and the White House in November.
This post has been updated from an earlier version to include quotes from Reid.
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