Spending

The Republican response centers on kick-starting the economy.

Their top priority was preparing to disburse $1.25 billion in federal funding.

Lawmakers have drafted five bills.

House Speaker Nancy Pelosi has loaded the 1,815-page measure with a slew of Democratic priorities.

The cuts will continue through the end of June, which concludes the current budget year, and into the next two-year budget.

Lawmakers expressed disappointment the budget bill lacks cuts amid declining revenue.

Bloomberg, who's worth an estimated $61 billion, pledged to keep spending to defeat Trump.

Consumer spending has been the driving force in the current economic expansion, now in its 11th year.

Gun control supporters hailed the agreement as an important breakthrough.

Democrats and Republicans have been fighting for months over spending priorities.