budget deal
Spending plan accord
A budget deal is an agreement reached between opposing political parties or branches of government on spending, taxes, and fiscal policy.
Budget deals typically involve compromise after prolonged negotiation: Congress reached a last-minute budget deal to avoid a government shutdown.
The term often implies hard-won bipartisan cooperation on contentious financial matters.
- compromiseAgreement through mutual sacrifice
- negotiationDiscussion seeking mutual accord
- closed doorRestricted access meeting
- CongressU.S. lawmaking body
- deficitAmount still owed
spending · tax cuts · cuts · bipartisan · legislation · lawmakers · omnibus bill · spending bill · fiscal · agreement · eleventh hour · deadline · austerity · appropriations · reconciliation · debt ceiling · sequester · Capitol
- federal budgetappropriations, deficit, surplus, federal spending, government spending
- political dealsaccord, compromise, pact, treaty, bargaining
- compromisecompromise, middle ground, meet halfway, give and take, give-and-take
- Bush 41Barbara Bush, Dan Quayle, Gulf War, Desert Storm, read my lips
budget dealfiscal cliff
Scheduled austerity convergence point
economic crisis · sequestration · fiscal emergency · budget breakdown
budget, deal, budgets, budgeted, budgeting, budgetary, deals, dealt, dealing