Trump: Bipartisan deal reached on budget, debt ceiling

Washington, July 23 US President Donald Trump said Monday that a bipartisan budget agreement has been reached that will boost federal spending and suspend the debt limit until after the next presidential election. Trump tweeted that "a deal has been struck" with the White House and the top Democratic and Republican leaders in both chambers of Congress "on a two-year Budget and Debt Ceiling, with no poison pills" that could have derailed the legislation.

The president billed the agreement as "a real compromise." But it was already facing resistance among conservative Republicans who oppose adding hundreds of billions of additional dollars to the US debt.