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  Topic: Panic rises as sequesters grow near
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Panic rises as sequesters grow near
Washington Times, by Stephen Dinan and Susan Crabtree

Original Article

Posted By:Dreadnought, 2/6/2013 10:49:51 PM

Deadline legislating is once again the talk of Washington, with all sides now demanding an end to the automatic spending sequesters — even though just a few weeks ago many of them seemed to be bracing, or in some cases even welcoming, the $85 billion in cuts divided between defense and domestic needs. President Obama’s senior advisers huddled Wednesday with leaders in the defense industry to try to enlist them in his push to raise taxes to replace some of the cuts, while a group of defense-hawk Republicans filed bills in the House and Senate to cancel the defense cuts

  

Post Reply  

Reply 1 - Posted by: steph_gray, 2/6/2013 10:56:42 PM     (No. 9162790)

This article seems like nothing but drivel to me. The cuts are not even cuts, just reductions in rate of increase.

The Wash Times used to be okay - what happened?


Reply 2 - Posted by: RUReadyY3K, 2/6/2013 11:01:34 PM     (No. 9162798)

Sounds like the usual suspect Republicans will wimp out once again and renege on the cuts.


   

 

  


 
Reply 3 - Posted by: woofwoofwoof, 2/6/2013 11:20:01 PM     (No. 9162810)

It´s way too late to panic now, just lay back and enjoy it.


Reply 4 - Posted by: brianod1, 2/6/2013 11:27:32 PM     (No. 9162814)

Mark Steyn, "Sequestration sounds like castration, only more so: it would chop off everything in sight. It would be so savage in its dismemberment of poor helpless America that the Congressional Budget Office estimates that, over the course of a decade, the sequestration cuts would reduce the federal debt by $153 billion. Sorry, I meant to put on my Dr. Evil voice for that: ONE HUNDRED AND FIFTY THREE BILLION DOLLARS!!! Which is about what the United States government currently borrows every month. No sane person could willingly countenance brutally saving a month´s worth of debt over the course of a decade."


Reply 5 - Posted by: horacer, 2/6/2013 11:32:19 PM     (No. 9162817)

Cutting into the bone on defense? Are you kidding. How about canning a few thousand DOD lawyers. Stopping some of the enviro-weenie programs. Getting rid of the PX system. Bring home our troops in Europe and Japan. Who´s a threat in Western Europe outside of the ECB.


Reply 6 - Posted by: brianod1, 2/6/2013 11:37:59 PM     (No. 9162823)

Yes #5, they think we are that stupid.


Reply 7 - Posted by: mfm, 2/6/2013 11:54:56 PM     (No. 9162834)

Prepare for the worst, its coming, honest,,no sage of doom am I...just catch the drip...


   

 

  


 
Reply 8 - Posted by: Crosscut, 2/7/2013 12:21:32 AM     (No. 9162848)

Let it happen. The Media is blowing this all out of proportion and spinning the heck out of it. The sun will still rise in the morning and private sector working Americans will continue to stagger on in spite of the government.


Reply 9 - Posted by: grounded, 2/7/2013 12:21:58 AM     (No. 9162849)

There are 535 electeds in DC, of both parties, who think their most important function is to spend money. Especially spending on spome pork project or another back in the home state/district to show the voters that they are bringing home the bacon. There is so much waste, fraud and abuse in the federal appropriation process that it defies comprehension. At one time it was reported that of every federal dollar spent on some program, 78 cents went to administration whereas the other 22 cents made it to the beneficiaries. That´s a butt-load of overhead.


Reply 10 - Posted by: Trigger2, 2/7/2013 12:40:02 AM     (No. 9162860)

Demonrats have their panties in a twist because half of the sequestration cuts come from their precious and duplicative entitlement programs. They could care less about the military and are even advocating cutting it some more. Meanwhile, they bemoan the military cuts. Hypocrits.


Reply 11 - Posted by: ketchuplover, 2/7/2013 12:55:20 AM     (No. 9162874)

To get an idea of how bloated the fed. govt. is check out http://php.app.com/fed_employees10/search.php You will see a drop down menu labeled agency. Click on that and see just how many agencies there are in the govt. Then note that this list does not include "Employees involved in security work, the FBI, CIA, Defense Department, nuclear materials, IRS, and jobs essential to national security"; nor does it include employees of "the White House, Congress, the Postal Service, and independent agencies and commissions." We are doomed. By the way, you can type in the name of a federal employee (not excluded from this list) and discover their salary. I am presuming that 2010 is the most recent year available. And I´m presuming that the fed govt employee roster has only increased since that time.


Reply 12 - Posted by: bogeegolf, 2/7/2013 1:00:26 AM     (No. 9162877)

God I hate these people.


   

 



 
Reply 13 - Posted by: Spidey, 2/7/2013 3:12:48 AM     (No. 9162930)

Unlike just about any other government spending,the defense industry creates real jobs.Of course Obama hasn´t and doesn´t care about jobs or job losses so there´s no motivation there for him on this.

He simply wants to use the issue to wring more tax hikes out of people,who are getting fed up with his spending sprees on other idiotic ideas.For example,why are we giving a foreign car company,Toyota,a billion dollars to open a factory here that produces battery cars,when battery cars are barely selling.


The more Obama gets republicans to cave on tax increases,the more it hurts their party reputation,that´s what this is about.The House had a proposal to avoid sequester and Obama and the left turned their noses up at it.


Reply 14 - Posted by: craige, 2/7/2013 10:55:11 AM     (No. 9163530)

$85 billion / $3.796 trillion = 2.2%

Federal spend is almost 4 TRILLION dollars, and they´re fighting over a 2 PERCENT cut.

Federal Debt now comes to over $50,000 per person. That´s an average house, for a married couple.



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