Defense Sequest Sequester News Today

Senate try to hammer out a budget agreement trying to replace the sequester. the cuts have enemies on both sides of the aisle. democrats dont like cuts to head start and meals on wheels. republicans dont like the cuts to defense, which military leaders argued hurt the readiness of the armed forces. just ask former secretary robert gates. >> there may be a more stupid way to cut the budget than sequestration. if there is, i have not been able to identify it. these across the board mindless cuts t...

>> the congressional budget office. the number saying how many jobs could likely be created in the next year if we did not have sequester. what are they telling us? does it look like republicans and democrats are finding something to replace it with? >> the cbo has basically said it wont be for jobs. if we got rid of sequester for 2014, we could create up to 1 million jobs. the range is 800,000. can democrats and republicans get over themselves and pass something good for the country? yes, they ...

Funding rules are to raise revenue. stuff that will not feel tangible. >> john, to you, if the sequester keeps going, reduces deficits by more than $1 trillion over a decade. is that a victory of sorts for republican? >> you just stumbled upon the und underlying issue here. senator mitch mcconnell pointed to it. we have ideological victory baked in the cake in the baseline. they dont have the numbers in the senate to put forward the perfect vision. they have to feeind a way to se to their base. ...

Cnn money. i appreciate you joining me. i hope it is better this time around. to you, john, sequester was supposed to be the poison pill. what about this time? >> that is right. every time we set out the self-imposed markers designed to scare congress, they have been managed to blow past it. the impulse to charge into the bayonette was a super fail. there are public polls, we have to do something. bottom line, this is not rocket science. this is a budget reconciliation committee. this used to be...