Conservatives oppose ‘emergency’ cash That $6
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Posted On: 12/28/2023 5:57:34 AM
Conservatives oppose ‘emergency’ cash
That $69 billion handshake deal — as well as the Senate’s effort to pad out their spending bills with $14 billion extra — both fall under the category of “emergency” cash, a routine maneuver that is designed to get around the debt law’s funding caps.
Democrats reject the categorization of the handshake deal as a “side agreement” to the debt accord, arguing that it was a critical part of the law negotiated by both parties. That includes about $25 billion in “changes in mandatory programs,” a budget tactic used by both parties in which savings are scored on paper and used to boost spending elsewhere.
That $69 billion handshake deal — as well as the Senate’s effort to pad out their spending bills with $14 billion extra — both fall under the category of “emergency” cash, a routine maneuver that is designed to get around the debt law’s funding caps.
Democrats reject the categorization of the handshake deal as a “side agreement” to the debt accord, arguing that it was a critical part of the law negotiated by both parties. That includes about $25 billion in “changes in mandatory programs,” a budget tactic used by both parties in which savings are scored on paper and used to boost spending elsewhere.
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