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Murray, Ryan Announce Two-Year Budget Agreement

Senate Budget Committee Chairwman Patty Murray, D-Wash., and House Budget Committee Chairman Paul Ryan, R-Wis., struck budget compromise with the Bipartisan Budget Act of 2013, an agreement that would set overall discretionary spending for Fiscal Year 2014 at $1.012 trillion,…

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the two lawmakers announced on Dec. 10. The legislation would pull back $63 billion sequestration-related budget cuts over two years, said a joint statement.