Home Stock Senate leaders reach short-term budget deal with $6B in Ukraine aid, setting up showdown with House

Senate leaders reach short-term budget deal with $6B in Ukraine aid, setting up showdown with House

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Senate leaders from both parties have reached a broad agreement on a short-term budget deal that would provide $6 billion in new funding for military and economic assistance to Ukraine, setting up a showdown with the House over the issue.

The agreement, reached late Tuesday, would fund the government through the end of September and includes $3 billion in additional funding for the Overseas Contingency Operations account. Of that, $1 billion would go toward increased military training and equipment for Ukraine’s armed forces and $2 billion for economic assistance and reforms.

The Senate version of the bill would also make cuts to some domestic programs, including the Social Security trust funds, and limit the use of Senate procedural tactics known as filibusters. The House is expected to pass a more conservative spending bill that does not include the additional funds for Ukraine.

It remains unclear whether Senate and House leaders can come to an agreement on the contested issue. But the agreement reached Tuesday marks a critical step forward in the budget process, which is reaching its deadline.

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