
Budget Deal To Ease Sequester, Boost Discretionary Spending For Two Years, AIP
"Congress approved a major bipartisan budget agreement, negotiated with the White House, that increases discretionary spending by $80 billion total in FY 2016 and FY 2017, creating room for boosts to spending at federal science agencies and offices starting this year. Early this morning, the Senate passed and sent the "Bipartisan Budget Act of 2015" to President Obama, concluding a major bipartisan effort between the White House and congressional leaders in both political parties that brings budget stability to the federal government for the next two years. The agreement, which the President has clearly indicated he will sign into law, lifts the federal debt ceiling through March 2017 and dials back for two years the federal budget sequester that has been in place since the passage of the Budget Control Act of 2011."