and holds spending flat through the 2024 presidential election, while allowing non-defense spending to increase by 1 percent in 2025. The deal also imposes new work requirements on TANF and SNAP assistance programs, clawbacks billions of dollars in unspent Covid relief funds, pairs down Biden’s plan to dramatically expand the IRS and codifies the administration’s plan to restart federal student loan payments at the end of the summer.
Negotiators worked through the night to finalize the legislative text of the deal and were expected to share it with lawmakers Sunday evening. Although Biden and McCarthy projected confidence on Sunday that the bill would clear the House, the agreement is facing objections on both sides of the aisle. Conservatives were quick to criticize the agreement for not cutting spending more aggressively, while progressive Democrats have expressed some concerns about work requirements and other spending priorities.
Asked Sunday about criticism from Hill Democrats who said the deal would mean some low-income Americans could go hungry, Biden called that a “ridiculous assertion.” He also said he did not regret starting negotiations with Republicans sooner.Top White House aides spent much of Sunday calling Democratic lawmakers to shore up support for the bill.
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