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.
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=204863