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Economy

McConnell not sure if budget ‘sequester’ survives this year

By Susan Ferrechio
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McConnell not sure if budget ‘sequester’ survives this year

Senate Majority Leader Mitch McConnell says the Budget Control Act, which imposed spending caps that both parties have complained about, may not survive the 115th Congress.

In a Wednesday interview with the Washington Examiner, McConnell said lawmakers are in talks to increase defense spending, a move that would bust budget caps imposed by the 2011 law and lead to demands by Democrats to increase domestic spending as well.

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Budgets and Deficits Congress Defense Spending Minusextra Mitch McConnell Sequester Susan Ferrechio