Congressional leaders have agreed to a potential bipartisan budget deal that would raise the debt ceiling and lift sequestration spending caps by $80 billion for the next two fiscal years, with the Obama administration poised to receive $33 billion of the $38 billion national defense spending increase it has sought for fiscal year 2016, according to official documents and sources familiar with the still-emerging details. The total federal spending increase over the 2011 Budget Control Act caps would be $50...
