I thought this was an original requirement only if the total budget cuts didn’t exceed the debt increase. It seems the part about automatic additional cuts if not agreed to would cover this.
Frankly, I’m getting a little tired of this “caving” talk. If it were not for these pubbies that are accused of caving all the time their would not even have been a show down on this debt ceiling. It would have quietly passed months ago on a voice vote or motion for unanimous consent.
Further, if not for the pubbies we would have been subject to who knows what new spending proposals over the past year. If anything, even if if they totally caved (which they have not) they at least focused the nation on spending and debt rather than what additional federal programs would be really neat to have.