Bipartisan group of senators discussing sweeping budget overhaul

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A bipartisan group of senators is considering major changes to the congressional budget process to fix what members of both parties view as a broken system, including eliminating the budget committees, overhauling the federal debt limit and instituting biennial budgeting.

Senators reviewed a wide range of possible reforms on Thursday, according to a draft list of ideas discussed at the meeting obtained by the Washington Examiner.

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