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Congress

New Bipartisan Spending Deal Sets $886 Billion FY ‘24 Defense Topline

By Matthew Beinart

Monday, January 8th, 2024

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New Bipartisan Spending Deal Sets $886 Billion FY ‘24 Defense Topline

Senate Majority Leader Chuck Schumer (D-N.Y.)

Congressional leaders on Sunday unveiled a new bipartisan agreement for fiscal year 2024 spending toplines, to include $886 billion for defense. The deal adheres to spending levels set by last year’s debt ceiling agreement and sets the path for lawmakers to complete work on final FY ‘24 appropriations bills with a partial government shutdown deadline looming in less than two weeks. “We now have a framework agreement to allow us to finally begin the hard work of negotiating—and passing—full-year spending…

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