US debt ceiling deal keeps non-defense spending roughly flat until FY 2024 – source

by Aurelia Butler 28 May 2023, 01:15 189 Views

(Reuters) – A deal reached to raise the U.S. federal government’s $31.4 trillion debt ceiling keeps non-defense spending roughly flat for current fiscal year and 2024, a source familiar with the negotiations said on Saturday,

There are no budget caps after 2025 in the U.S. debt deal, the source added.

Source: Economy - investing.com

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US debt ceiling deal keeps non-defense spending roughly flat until FY 2024 – source

Saudi Arabia in talks to join China-based ‘Brics bank’

U.S.-led Indo-Pacific talks produce deal on supply chain early warnings

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