Congressional leaders reach $1.59 trillion deal on top-line spending, pave the way for deal to fund the government

Congressional leaders have reached a $1.59 trillion deal on top-line spending as they strive to avoid a potential government shutdown. The deal sets a budget of $1.59 billion for the 2024 fiscal year, with $886 billion allocated for military spending and $704 billion for non-defense. The agreement allows the Appropriations Committee to begin negotiating the twelve annual appropriations bills. While the deal indicates progress, disagreements on key policy issues could still lead to a shutdown. The deadline for funding is approaching, with funding for many federal agencies expiring on Jan. 19 and for the rest of the government on Feb. 2.