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Tags: congress | budget | spending | fiscal responsibility

Congress Struggling to Avert Automatic Spending Cuts

By    |   Tuesday, 26 December 2023 02:39 PM EST

Congressional legislators are struggling to find a way to avoid a 1% automatic cut to defense and nondefense budgets, which will occur if they don't reach an agreement to lower spending before the end of the year.

The Fiscal Responsibility Act placed a $1.59 trillion cap on base discretionary spending, with a cap of $886 billion for defense spending and about $704 billion for nondefense expenditures. The law also set a deadline of Jan. 1, as well as a penalty for failing to meet that date. According to Biden administration officials, in the absence of an agreement, this would mean a 1% cut to both defense and nondefense programs to take effect after April 30, 2024.

However, the Congressional Budget Office’s new scoring states that nondefense spending is actually about $30 billion higher than the levels legislators first established for fiscal 2023, which could mean that nondefense spending sees even higher cuts than the automatic 1%.

“The world is our oyster in terms of possibilities here,” Marc Goldwein, the senior vice president and senior policy director for the Committee for a Responsible Federal Budget, told The Hill. “I don’t have any expectations, and I don’t think anyone really knows what is going to happen.”

“If you are trying to figure out how to cut government, you would never do a blanket across-the-board cut because it removes your ability to do marginal prioritization,” added Bobby Kogan, the Center for American Progress’s senior director of federal budget policy. 

Theodore Bunker

Theodore Bunker, a Newsmax writer, has more than a decade covering news, media, and politics.

© 2024 Newsmax. All rights reserved.


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Congressional legislators are struggling to find a way to avoid a 1% automatic cut to defense and nondefense budgets, which will occur if they don't reach an agreement to lower spending before the end of the year. The Fiscal Responsibility Act placed a $1.59 trillion cap on...
congress, budget, spending, fiscal responsibility
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2023-39-26
Tuesday, 26 December 2023 02:39 PM
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