Tue Feb 12, 2013, 04:38 PM
DonViejo (6,037 posts)
Reid: Senate Dems Will Introduce Sequester Replacement Plan This Week
Senate Democrats will introduce a plan this week to avert the deep, automatic spending cuts -- known as sequestration -- that are set to take effect next month, the Democratic leader told reporters Tuesday.
"Later this week, we'll introduce a plan to temporarily replace sequester with a balanced approach the American people want and deserve," said Senate Majority Leader Harry Reid (D-NV). "The bills being drafted will include equal amounts of revenue and cuts, because Democrats believe the right way to reduce the deficit is to target waste and abuse by pairing smart spending cuts with closing tax loopholes, asking the wealthiest Americans to contribute more." Reid said he has a meeting this week with House Speaker John Boehner (R-OH) on the sequester.
After Reid spoke, Senate Minority Leader Mitch McConnell (R-KY) said he expects the sequester to take effect.
"It's pretty clear to me that the sequester is going to go into effect," McConnell told reporters. Referring to the resolution of the so-called fiscal cliff, he said, "Read my lips: I'm not interested in an 11th hour negotiation."
Read more: http://livewire.talkingpointsmemo.com/entry/reid-senate-dems-will-introduce-sequester-replacement-plan
We must learn to live together as brothers (and sisters) or perish together as fools.-- Dr Martin Luther King
6 replies, 1366 views
Reid: Senate Dems Will Introduce Sequester Replacement Plan This Week (Original post)
|NYtoBush-Drop Dead||Feb 2013||#3|
Response to DonViejo (Original post)
Tue Feb 12, 2013, 05:17 PM
mostlyconfused (165 posts)
1. They simply have no intention of cutting anything
Any agreement reached now would probably work like the others...some increased revenue, effective right away, and some delayed spending cuts. The delay will give them a chance to panic and take steps to avoid them as well, with another "balanced approach". I suspect they could go on like this for years without ever really cutting spending at all.
Response to NYtoBush-Drop Dead (Reply #3)
Wed Feb 13, 2013, 09:50 PM
Kablooie (9,572 posts)
6. I'm afraid many of them are doing exactly what they were sent there to do.
namely, stop Obama from doing anything.
If they succeed in that, they will win reelection.
The Teapots don't elect their representatives to do anything.
They are sent there only to stop anything from being done as long as the black man is president.
-- A mind is a terrible thing to waste and waste is a terrible thing to mind. --