Though the “supercommittee,” which has until November 23 to produce a plan to reduce the deficit by $1.2 trillion over ten years, has garnered most of the headlines, there is another spending showdown brewing on Capitol Hill.
After more than two years of funding the government with temporary spending resolutions — a result of the Democratic Senate’s unprecedented failure to pass a budget — Congress is finally getting back to something resembling the normal appropriations process. The debt-ceiling deal passed in August set discretionary-spending levels for fiscal year 2012, by which Congress must now abide.
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