1. The total deal is $85 billion. About $45 billion of that replaces sequestration cuts in 2014. About $20 billion replaces sequestration cuts in 2015. About $20 billion is deficit reduction atop sequestration. 2.
Rep. Paul Ryan and Sen. Patty Murray say they've reached a budget deal that will avert a government shutdown in January.
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By Richard Cowan and David Lawder WASHINGTON (Reuters) - Budget negotiators in the U.S. Congress on Tuesday were wrapping up a tentative deal on a budget plan to avoid a January 15 government shutdown, amid warnings from conservative groups that ...