Senate Majority Leader Mitch McConnell, R-Ky., recently told reporters he had spoken with Speaker Nancy Pelosi, D-Calif., about a potential deal to increase the discretionary spending caps for fiscal years 2020 and 2021. House and Senate Republicans should reject any such deal unless it includes meaningful and immediate mandatory spending cuts.
Back in 2011, Congress passed the Budget Control Act, which included an enforcement mechanism to cap discretionary spending in the event a bipartisan “super committee” could not agree on at least $1.2 trillion in deficit reduction.
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