Budget Deal: House Passes Ryan/Murray Budget, Clearing Way for Passage

Compromise would raise spending, increase airport fees, undo sequester cuts

House, Senate negotiators reach budget deal (Washington Post)

House and Senate negotiators unveiled an $85 billion agreement late Tuesday to fund federal agencies through the fall of 2015, averting another government shutdown and ending the cycle of crisis that has paralyzed Washington for much of the past three years.

In a rare display of bipartisan cooperation, House Budget Committee Chairman Paul Ryan (R-Wis.) stood side by side in the Capitol with Senate Budget Committee Chairman Patty Murray (D-Wash.) to announce the deal, which would cancel half of the sharp spending cuts known as the sequester for the current fiscal year.

“I am very proud to stand here today with Chairman Ryan to say that we have broken through the partisanship and gridlock and reached a bipartisan budget compromise,” Murray said, calling the agreement “an important step in helping to heal some of the wounds here in Congress and show we can do something without another crisis around the corner.”

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