White House Issues Veto Threat Over GOP’s New ‘Supercommittee’ | 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.

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