Republicans have said the measure is a gimmick that would not lead to real savings, and they have called on Democrats to focus on cutting waste.

Earlier today, Senate Minority Leader Mitch McConnellAddison (Mitch) Mitchell McConnellLawmakers feel pressure on guns Bipartisan group of House lawmakers urge action on Export-Import Bank nominees Curbelo Dem rival lashes out over immigration failure MORE (R-Ky.) said Reid's billĀ goes against President Obama's preferred plan of replacing the sequester with new taxes.