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Sun Feb 24, 2013, 12:57 AM

Neither Side Blinks In Federal Budget Standoff

Source: LA TIMES

By Lisa Mascaro, Washington Bureau
February 23, 2013, 6:46 p.m.

WASHINGTON The nation's budget solution was never supposed to look like this: Congress and the White House staring at across-the-board spending cuts that will begin slashing indiscriminately through the federal government in a matter of days.

Each side had expected cooler heads to prevail, assuming the other would set aside its political preferences and compromise to prevent the economic problems that are widely expected from a sudden reduction in the flow of federal funds.

House Speaker John A. Boehner (R-Ohio) believed that President Obama was so fearful of deep reductions to domestic programs that the White House would yield to Republican demands. Instead, Obama has stuck to his insistence that wealthier Americans and corporations must contribute more in taxes as part of any solution to the country's long-term debt problems.

The White House figured Republicans would be the ones to blink. The party's opposition to defense cuts would force Boehner and Senate Republican leader Mitch McConnell of Kentucky to yield and accept at least some additional taxes rather than go ahead with the automatic cuts, known as a sequester, Democrats believed.

Read more: http://www.latimes.com/news/nationworld/nation/la-na-adv-sequester-20130224,0,4494532.story

8 replies, 1935 views

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Response to Purveyor (Original post)

Sun Feb 24, 2013, 08:38 AM

1. More accurately: "Neither Side Thinks ..."

 

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Response to panzerfaust (Reply #1)

Sun Feb 24, 2013, 09:14 AM

2. No, they both are actually thinking though the republicans are thinking only of themselves. nt

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Response to panzerfaust (Reply #1)

Mon Feb 25, 2013, 10:26 AM

7. University of Spoiled Children

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Response to Purveyor (Original post)

Sun Feb 24, 2013, 01:49 PM

3. The budged is congress' duty and responsibility what is this "White House" standoff shit?

Pass the budget, don't pass it, that's congress.

Blaming the White House for it is BS.

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Response to Purveyor (Original post)

Sun Feb 24, 2013, 07:04 PM

4. Here's a prediction for the military budget...

The sequester goes into effect. Congress urgently rallies to restore the military budget, leaving the rest of the cuts in place.

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Response to cheapdate (Reply #4)

Mon Feb 25, 2013, 06:42 AM

6. I would not bet against that.

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Response to cheapdate (Reply #4)

Mon Feb 25, 2013, 10:32 AM

8. Yes that has been and will be the Republican plan

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Response to Purveyor (Original post)

Sun Feb 24, 2013, 11:13 PM

5. The Congress holds the purse strings neither Boehner nor Cantor have the balls to act....

lets see what they want to cut.......The President proposes and congress disposes.

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