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 McConnellMitch McConnellOvernight Healthcare: High drama for ObamaCare vote | Freedom Caucus chair 'optimistic' about deal | Trump woos right High drama for ObamaCare vote Senate nixes Obama-era workplace safety rule MORE (R-Ky.) said Reid's bill goes against President Obama's preferred plan of replacing the sequester with new taxes.