US lawmakers agree on $1.6 trillion federal budget

By Agence France-Presse

Jan 08, 2024 9:27 am

Washington: US lawmakers announced a bipartisan agreement Sunday (Monday in Manila) on fiscal year 2024 funding totals that marks a step towards averting a looming government shutdown in a presidential election year.

The agreement on a roughly $1.6 trillion 'topline' federal spending limit was announced by Republican House Speaker Mike Johnson and Democratic leaders in Congress after weeks of negotiations.

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