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Cali_Democrat

(30,439 posts)
Thu Jan 19, 2012, 01:40 AM Jan 2012

Congress tries to disable automatic spending cuts (they're "concerned" about automatic defense cuts)

By SEUNG MIN KIM | 1/17/12 12:09 AM EST

The deficit-slashing supercommittee left Congress with quite the mess to mop up in 2012.

With each day that ticks by, the nation becomes a bit closer to a painful round of automatic budget cuts that the 12-member supercommittee failed to prevent because of its members’ inability to agree on a $1.2 trillion deal to cut the deficit.

So, despite a veto threat from President Barack Obama, congressional Republicans and a handful of Democrats have vowed to somehow unravel the spending cuts this year — which are scheduled to hit defense and domestic programs equally in January 2013.

“I’m very concerned about the defense cuts in sequestration, but it’s also the cuts to nondefense discretionary [that] are also devastating,” Sen. Joe Lieberman (I-Conn.) told POLITICO. “Ultimately, I think there’s a very strong feeling that it’s not going to go into effect.”


Read more: http://www.politico.com/news/stories/0112/71491.html

6 replies = new reply since forum marked as read
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Congress tries to disable automatic spending cuts (they're "concerned" about automatic defense cuts) (Original Post) Cali_Democrat Jan 2012 OP
Surprise, Surprise! elleng Jan 2012 #1
You want your treats for the military, then raise taxes on the rich bluestateguy Jan 2012 #2
If they only cared as much for the poor as they care about war DJ13 Jan 2012 #3
Tell them "Fine, raise the revenues and we won't need to cut as much" Motown_Johnny Jan 2012 #4
Maybe Joe's worried about his submarine base in Groton? no_hypocrisy Jan 2012 #5
The day they fell into that trap, it was all over DU. DCKit Jan 2012 #6
 

Motown_Johnny

(22,308 posts)
4. Tell them "Fine, raise the revenues and we won't need to cut as much"
Thu Jan 19, 2012, 02:00 AM
Jan 2012

How about a 10 to 1 ratio? You know, you wouldn't give us a 10 to 1 ratio when you had the leverage so now we will be the reasonable ones and be willing to cut one dollar for every ten dollars in increased revenue.


You're welcome


 

DCKit

(18,541 posts)
6. The day they fell into that trap, it was all over DU.
Thu Jan 19, 2012, 08:50 AM
Jan 2012

Lose-Lose for the warmongers, and we saw it coming from a mile away.

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