Watch CBSN Live

Lawmakers announce bipartisan budget agreement

For the first time in four-and-a-half years, a bipartisan budget deal is on the table in Washington. The deal sets spending levels for the next two fiscal years and would replace harsh, across-the-board spending cuts known as sequestration with more targeted cuts and increases in user fees for government services. Nancy Cordes reports.
View CBS News In
CBS News App Open
Chrome Safari Continue