The CR raises current spending levels by $8 billion under a formula that will raise most appropriations accounts by about 0.6 percent to meet the $1.047 trillion spending target set for the new fiscal year that begins October 1. The $1.047 trillion cap was actually agreed upon under terms of last year's Budget Control Act, the deal that Congressional lawmakers and the Obama Administration reached to raise the debt ceiling. The 0.6 percent increases would be distributed evenly across discretionary spending accounts.
Senate Majority Leader Harry Reid has promised that the Senate will not attempt to add policy riders onto this bill.
Senate Majority Leader Harry Reid has promised that the Senate will not attempt to add policy riders onto this bill.
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