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CBO Report Shows Devastating Impact of Republicans Walking Away From Debt Limit Agreement
January 06, 2024
WASHINGTON, Jan. 6 (TNSres) -- Sen. Sheldon Whitehouse, D-Rhode Island, chairman of the Senate Budget Committee, posted the following news release:

This afternoon, CBO released a letter that showed just how devastating sequestration cuts to nondefense discretionary (NDD) programs would be under the Fiscal Responsibility Act (FRA) if funding remained at the amount specified in the current continuing resolution (CR) and Republicans are allowed to walk away from the bipartisan spending . . .

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