[concerned about politics]

The $1.1 trillion in “cuts” (actually reduced increases in spending, given DC-speak) will be over the next 5-10 years. The Debt Increase would be for RIGHT NOW.

In other words, they're just "pretending" to cut, so everyone feels warm and fuzzy all over - until we end up in the same place again next year.

[Little Ray]

Exactly.

Why change things now, when it so strongly favors the Democrats?

Of course, it also prevents rioting among the parasite classes.