Updated at 9:07 a.m. ET
President Trump signed a bipartisan budget agreement Friday morning, following approval of the bill in Congress shortly before sunrise.
The two-year spending pact will let lawmakers spend $300 billion more than current law allows.
The deal suspends a 2011 budget law championed by conservatives that set hard caps on discretionary spending and included an automatic trigger known as "sequester" cuts if Congress attempted to bust those spending caps.