Sens. John McCain and Kelly Ayotte are among the GOP sponsors of a bill to replace automatic defense cuts with other spending reductions.
Updated: 6:55 p.m.
Senate Armed Services ranking member John McCain and four Republican colleagues are scheduled Thursday to unveil legislation that would replace with other spending reductions the sequestered defense cuts mandated by the failure of the Joint Committee on Deficit Reduction.
The Arizona Republican has said for a while that the legislation was in the works, and a news release describes the bill as one that would “replace spending ‘sequestration’ with more responsible cuts to federal spending.”