House Republicans today, in addition to voting on Speaker John Boehner’s (R-OH) so-called “Plan B” — which extends the Bush tax cuts on income up to $1 million — will also vote on a bill to replace the spending cuts scheduled for the end of the year.
As The Hill reported, the bill closely mirrors a measure passed by House Republicans in May known as the “The Sequester Replacement Reconciliation Act of 2012.” (Here is the underlying legislation, which will include these minor tweaks.) That bill voids both the military spending cuts and domestic spending cuts set to take place in 2013 and replaces them with a host of cuts to domestic spending, including:
