U.S. Lawmakers Reach Deal on Outline for Annual Spending Bill

  • Shelby, Lowey agreement lessens chances of Dec. 12 shutdown
  • Standoff over Veterans Affairs funding resolved in deal
Photographer: Stefani Reynolds/Bloomberg
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Republican and Democratic lawmakers have reached an agreement on spending levels for the annual spending bill needed to keep the government open after current funding runs out Dec. 11, according to two congressional aides in both parties.

The deal between Senate Appropriations Chairman Richard Shelby, an Alabama Republican, and House Appropriations Chairwoman Nita Lowey, a New York Democrat, increases the chances that a giant $1.4 trillion bill to fund the government can pass Congress before the deadline.