House Democrats Punt on Budget, Working on Spending Cap Offer
- Progressives seek social spending, moderates resist tax hikes
- Republicans highlight Democratic disagreement on fiscal issues
The U.S. Capitol building in Washington, D.C., U.S.
Photographer: Andrew Harrer/Bloomberg
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House Democrats shelved their budget resolution for fiscal year 2020 amid squabbling within the party over expensive progressive policies and how to address the nation’s growing annual budget deficit.
Without agreement among Democrats on a 10-year budget, the House Budget Committee this week plans to consider just the top-line discretionary spending numbers that will have to be negotiated with the Republican-led Senate for 2020 and 2021.