The bipartisan budget deal concocted by Rep. Paul Ryan (R., Wisc.) and Sen. Patty Murray (D., Wash.) could increase contracts for small businesses that work with the government. Though it does not replace all the spending the sequester cut earlier this year, it does increase spending by $60 billion, with most of it directed toward domestic purchases and military spending. And, it accomplishes this without raising taxes.
The budget passed the House, and the Senate is expected to vote on it next week. So we’re not out of the woods yet, but there is light through the trees. I’m just glad our representatives broke the rut they’ve been in and proposed a budget based upon compromise before passing a deadline.
Let’s hope such bipartisan efforts continue to be the norm for the future, and that the deals keep getting better!
What do you think about the budget deal? Let us know in the comments!
[CC photo credit to Jack in DC]