White House Issues Veto Threat Over GOP's New 'Supercommittee' [View all]

[highplainsdem]

Source: Talking Points Memo

The White House on Tuesday issued a veto threat over a new Republican proposal that would bring back the supercommittee: a bicameral, bipartisan committee to hash out a deal to raise the debt ceiling in exchange for spending reforms, similar to a group created by the 2011 Budget Control Act that failed to craft a long-term deficit reduction deal.

"The Administration strongly opposes House joint passage of H.J. Res. 89 and H.R. 3273, which does nothing to solve the immediate, pressing obligations the Congress has to open the Government and pay its bills," read a statement from the Office of Management and Budget.

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