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'Triggers' In Debt Ceiling Legislation Have Precedent04:43


The debt ceiling deal brokered by Senate Republican leader Mitch McConnell and Vice President Joe Biden leaves a second round of cuts to be determined by a bipartisan committee. But, as a way of ensuring that cuts will be made, across the board spending cuts would be triggered by the committee's failure to accomplish its goals. The last time Congress used a mechanism like this was in the Gramm-Rudman act of 1985. Michele Norris talks with Committee for a Responsible Federal Budget president Maya MacGuineas about how that worked out — and how the triggers in today's legislation compare.

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