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Also Thursday comes a House vote on a curiously-drafted bill that aims to turn off an upcoming round of automatic spending cuts of more than $100 billion set to slam the economy in January as punishment for the failure of last year's deficit "supercommittee" to strike a bargain. But the measure, the ambitiously titled "National Security and Job Protection Act," would only turn off this so-called sequester if Congress were to enact a separate package of big spending cuts. If Congress were to pass such a bill, of course, lawmakers would use that legislation to block the across-the-board cuts. The six-month spending measure has backing from conservatives who want to avoid the prospect of an omnibus spending bill in the post-election lame duck session and who hope to have greater leverage next year. "If you anticipate being in a better bargaining position in January," said Rep. Scott Garrett, R-N.J., "why go to the bargaining table in December?"
[Associated
Press;
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