President Donald Trump announced the deal in a tweet on Monday, calling it a “real compromise” that contained “no poison pills” and delivered “another big victory” for the US military and veterans.

The deal would raise the current budget cap by $320 billion over two years – $30 billion less than the Democrats demanded, while delivering only half of the $150 billion in savings the Trump administration sought, according to Bloomberg. It also cancels the automatic cuts that would have decreased military spending by $71 billion and domestic expenditures by another $55 billion.

This would translate into a $1 trillion budget deficit by 2020, on top of a national debt of $22 trillion already. Though Trump has campaigned as a fiscal hawk, he seems to have dropped that position since, arguing that he should not be judged more harshly than his predecessor Barack Obama, who added nearly $10 trillion to the debt between 2009 and 2017.

House Speaker Nancy Pelosi (D-California) and Senate Minority Leader Chuck Schumer (D-New York) released a statement focusing on what they said Democrats achieved with the deal: ending the sequester (passed in 2013 under the Obama administration) spending cuts, getting $10 billion more for non-military spending over the next two years, and preventing a default. 

Quite a few Democrats were baffled by the development, however, arguing that it gave up any leverage against Trump in Congress while setting up a potential budget battle for a hypothetical Democrat president, should one of their candidates manage to defeat Trump in 2020.