Congress considers a monster spending bill
The House and Senate need to pass their massive 2018 spending bill before the government shuts down on Friday. Senior sources from both parties on Capitol Hill tell me they expect they'll get the deal done — though there's plenty of last minute haggling.
The big picture: This spending bill will cost more than $1 trillion and will further add to the deficit, which is likely to reach at least $800 billion for the 2018 fiscal year. Republican leaders and Trump will sell the spending package as a much-needed boost to military spending. House defense hawks, led by House Armed Services Chairman Mac Thornberry, campaigned aggressively for this boost. And Democrats will rightly be thrilled that they've forced Republicans to capitulate to fund so many of their domestic priorities.