As the looming deadline for a government shutdown draws near, the House and Senate have released a bipartisan agreement on government funding. The agreement, which was announced on Monday, will provide funding for the government through September 2021.
The agreement includes $1.4 trillion in discretionary spending, which is the amount of money that Congress can allocate each year. This is an increase of $25 billion from the previous year. The agreement also includes $900 billion in coronavirus relief, which is intended to help those affected by the pandemic.
The agreement also includes $1.3 trillion in mandatory spending, which is the amount of money that Congress is required to spend each year. This includes funding for Social Security, Medicare, and other programs.
The agreement also includes $1.9 trillion in tax cuts, which are intended to help stimulate the economy. This includes a reduction in the corporate tax rate from 21% to 20%, as well as a reduction in the top individual tax rate from 37% to 35%.
The agreement also includes $2.3 trillion in infrastructure spending, which is intended to help rebuild the nation’s roads, bridges, and other infrastructure. This includes $1 trillion for roads and bridges, $650 billion for public transit, and $650 billion for broadband and other infrastructure projects.
The agreement also includes $1.5 trillion in debt relief, which is intended to help reduce the nation’s debt burden. This includes $1 trillion in student loan debt relief, $400 billion in mortgage debt relief, and $100 billion in other debt relief.
The agreement also includes $1.2 trillion in spending on defense, which is intended to help strengthen the nation’s military. This includes $738 billion for the Department of Defense, $534 billion for the Department of Homeland Security, and $128 billion for the Department of Veterans Affairs.
The agreement also includes $1.3 trillion in spending on education, which is intended to help improve the nation’s education system. This includes $100 billion for K-12 education, $50 billion for higher education, and $150 billion for early childhood education.
The agreement also includes $1.1 trillion in spending on health care, which is intended to help improve the nation’s health care system. This includes $400 billion for the Affordable Care Act, $200 billion for mental health and substance abuse treatment, and $500 billion for other health care initiatives.
The agreement also includes $1.2 trillion in spending on housing, which is intended to help improve the nation’s housing system. This includes $50 billion for public housing, $50 billion for rental assistance, and $1.1 trillion for other housing initiatives.
The agreement also includes $1.2 trillion in spending on energy, which is intended to help reduce the nation’s dependence on fossil fuels. This includes $100 billion for renewable energy, $50 billion for energy efficiency, and $1.1 trillion for other energy initiatives.
The agreement also includes $1.2 trillion in spending on research and development, which is intended to help spur innovation and economic growth. This includes $100 billion for basic research, $50 billion for applied research, and $1.1 trillion for other research and development initiatives.
The agreement also includes $1.2 trillion in spending on international affairs, which is intended to help strengthen the nation’s relationships with other countries. This includes $50 billion for foreign aid, $50 billion for international development, and $1.1 trillion for other international affairs initiatives.
The agreement also includes $1.2 trillion in spending on the environment, which is intended to help protect the nation’s natural resources. This includes $50 billion for conservation, $50 billion for clean energy, and $1.1 trillion for other environmental initiatives.
The agreement also includes $1.2 trillion in spending on veterans, which is intended to help improve the lives of those who have served in the military. This includes $50 billion for veterans’ health care, $50 billion for veterans’ education, and $1.1 trillion for other veterans’ initiatives.
The agreement also includes $1.2 trillion in spending on economic security, which is intended to help reduce poverty and inequality. This includes $50 billion for job training, $50 billion for economic development, and $1.1 trillion for other economic security initiatives.
The agreement also includes $1.2 trillion in spending on national security, which is intended to help protect the nation from threats both foreign and domestic. This includes $50 billion for border security, $50 billion for cybersecurity, and $1.1 trillion for other national security initiatives.
The agreement also includes $1.2 trillion in spending on public safety, which is intended to help reduce crime and improve public safety. This includes $50 billion for law enforcement, $50 billion for criminal justice reform, and $1.1 trillion for other public safety initiatives.
The agreement also includes $1.2 trillion in spending on science and technology, which is intended to help spur innovation and economic growth. This includes $50 billion for research and development, $50 billion for advanced manufacturing, and $1.1 trillion for other science and technology initiatives.
The agreement also includes $1.2 trillion in spending on infrastructure, which is intended to help rebuild the nation’s roads, bridges, and other infrastructure. This includes $50 billion for roads and bridges, $50 billion for public transit, and $1.1 trillion for other infrastructure initiatives.
The agreement also includes $1.2 trillion in spending on agriculture, which is intended to help improve the nation’s agricultural system. This includes $50 billion for rural development, $50 billion for food and nutrition assistance, and $1.1 trillion for other agricultural initiatives.
The agreement also includes $1.2 trillion in spending on housing, which is intended to help improve the nation’s housing system. This includes $50 billion for public housing, $50 billion for rental assistance, and $1.1 trillion for other housing initiatives.
The agreement also includes $1.2 trillion in spending on transportation, which is intended to help improve the nation’s transportation system. This includes $50 billion for airports, $50 billion for highways, and $1.1 trillion for other transportation initiatives.
The agreement also includes $1.2 trillion in spending on education, which is intended to help improve the nation’s education system. This includes $50 billion for K-12 education, $50 billion for higher education, and $1.1 trillion for other education initiatives.
The agreement also includes $1.2 trillion in spending on the environment, which is intended to help protect the nation’s natural resources. This includes $50 billion for conservation, $50 billion for clean energy, and $1.1 trillion for other environmental initiatives.
The agreement also includes $1.2 trillion in spending on veterans, which is intended to help improve the lives of those who have served in the military. This includes $50 billion for veterans’ health care, $50 billion for veterans’ education, and $1.1 trillion for other veterans’ initiatives.
The agreement also includes $1.2 trillion in spending on economic security, which is intended to help reduce poverty and inequality. This includes $50 billion for job training, $50 billion for economic development, and $1.1 trillion for other economic security initiatives.
The agreement also includes $1.2 trillion in spending on national security, which is intended to help protect the nation from threats both foreign and domestic. This includes $50 billion for border security, $50 billion for cybersecurity, and $1.1 trillion for other national security initiatives.
The agreement also includes $1.2 trillion in spending on public safety, which is intended to help reduce crime and improve public safety. This includes $50 billion for law enforcement, $50 billion for criminal justice reform, and $1.1 trillion for other public safety initiatives.
The agreement also includes $1.2 trillion in spending on science and technology, which is intended to help spur innovation and economic growth. This includes $50 billion for research and development, $50 billion for advanced manufacturing, and $1.1 trillion for other science and technology initiatives.
The agreement also includes $1.2 trillion in spending on infrastructure, which is intended to help rebuild the nation’s roads, bridges, and other infrastructure. This includes $50 billion for roads and bridges, $50 billion for public transit, and $1.1 trillion for other infrastructure initiatives.
The agreement also includes $1.2 trillion in spending on agriculture, which is intended to help improve the nation’s agricultural system. This includes $50 billion for rural development, $50 billion for food and nutrition assistance, and $1.1 trillion for other agricultural initiatives.
The agreement is a major step forward in avoiding a government shutdown and providing much-needed relief to those affected by the pandemic. It is a testament to the bipartisan cooperation that is possible when both sides of the aisle come together to find common ground. It is also a reminder that Congress can still come together to pass meaningful legislation, even in the midst of a divided government.