The agreement includes raising the US debt ceiling to avoid default if the country could no longer borrow.

Donald Trump said Monday he found an agreement with the Democratic opposition on the budget, avoiding the prospect of a paralysis of the federal government until the next presidential election. "I am pleased to announce that an agreement has been reached (...) on a two-year budget and the debt ceiling," the US president tweeted, citing "a real compromise".

"With this agreement, we aim to avoid a new shutdown." The agreement includes raising the US debt ceiling to avoid default if the country could no longer borrow. It also provides for increased public spending by raising the budget ceiling for defense and for domestic investments. Donald Trump hailed in his tweet "a great victory for our super military and veterans". "With this agreement, we aspire to avoid a new + shutdown + of the government, which is so damaging," responded in a joint statement the Democratic Speaker of the House of Representatives Nancy Pelosi and the leader of the Democratic Minority Senate Chuck Schumer.
"Democrats are also happy to have secured strong funding for national priorities," they added.

Republicans and Democrats had been discussing for several weeks to reach a consensus. Calls multiplied for the House of Representatives to approve such an agreement before its six weeks of vacation starting Friday. The agreement, which forecasts a jump in spending and limited economies, is expected to push the annual budget deficit to more than $ 1 trillion in 2020 ($ 779 billion in 2018).