Senate Dems Aim to Have Sequester Bill Ready by Thursday
February 11, 2013
Senate Democrats are aiming to produce a bill to replace the sequester by Thursday, according to Democratic aides.
The bill would include tax increases and spending cuts, and it would replace the $85 billion in automatic spending cuts known as the sequester.
With both houses of Congress scheduled to be out of Washington next week, Senate Democrats hope producing a package this week would allow them to sell their measure to constituents back home during the recess and pressure Republicans to act to prevent the cuts, one aide said.
The sequester, which most members in both parties say will damage national security with its cuts to the Pentagon and other programs, is set to take effect on March 1, leaving Congress little time to act before the Presidents Day recess next week.