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Podcast: c2stories
Episode: Offsets or Upsets
Description: House Speaker Mike Johnson and Senate Majority Leader Chuck Schumer announced a new spending agreement for the 2024 fiscal year, aiming to prevent a government shutdown. The deal, facing resistance from some conservative House Republicans, includes a $16 billion offset and reallocates $6.1 billion in unspent COVID relief funds. While Speaker Johnson and President Biden express optimism, passing the agreement in time remains uncertain. The allocated funds include $886.3 billion for defense and $772.7 billion for domestic spending. The January 19th deadline looms for many agencies, with conservative demands on immigration policies adding complexity. The House Freedom Caucus criticizes the deal, leaving the outcome...