The US budget deal reached in late 2013 increases discretionary spending marginally over 2014-2015 but does not address rising mandatory spending or the long-term fiscal challenges. While avoiding another government shutdown, the budget deal is unlikely to significantly impact weak economic growth or change the long-term fiscal outlook according to QNB Group. As entitlement programs are projected to rise significantly, reducing future deficits will require tackling health and social security costs not addressed in the current budget agreement.