Michael Feroli of JPMorgan Chase reckons the spending caps will subtract 0.3 percentage points from growth in 2012 (see chart 3).

摩根大通的迈克尔•费罗利预计，因为开支上限，2012的GDP增长将受损0.3个百分点(见图表3)。

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The Budget proposes discretionary spending caps as well as restraints on new mandatory spending.

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Capuano questions the purported budget surpluses, noting Social Security's contribution, and points to "emergency" spending measures that circumvent spending caps.

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They also propose to increase the spending allowed under the spending caps adopted as part of the 2011 debt ceiling deal.

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