Dumb Sequester News Today

Genius. do not have to look far to see examples of the dumbness of the sequester. there are 41 countries, you think theres a reason to investigate theft, 41 countries, because of the sequester, were only following up on one. the other 40 ripping us off, were just letting them slide. and this is not even to mention the 50,000 american children who have been forced out of preschool because of cuts to federally supported programs, leaving those kids to have to try to raise money for preschool by de...

Or they could have reached out to congress and the airlines to have a plan in place ahead of time. >> schuster says house republicans have passed two bills that would replace the sequester cuts, but they havent gone anywhere in the senate. but president obama says his budget would replace the, quote, dumb sequester cuts with smarter cuts. but cant get republicans to agree to it. and he called the alleviate the flight delays a, quote, temporary fix because there are other sequester cuts pending. ...

Overlapping and programs that are inefficient and ineffective. but yesterday, also, there was the presidents proposal to raise taxes. he called it balance. but democrats who are senators running for election, chris, in two years voted against it. you saw the senators from north carolina, arkansas, louisiana. democrats all voting against this effort to raise taxes. so, there is bipartisan opposition to what the president has been asking to get past in congress. >> wyoming senator, john barasso, t...

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So, number one, what, if anything, does that tell the american public about congress ability to do big things or even smallish things to avert the sequester. number two, as we look forward, we have the possibility on march 27th of a government shut down. when are real negotiations going to begin with republicans, you know, coming to the table, meeting president obama at the table. when does that happen and when should it happen? >> the president mentioned in his press conference that hell contin...

Supply chains. >> steve, ive been watching the market out of the corner of my eye for the whole week wondering how the market will react. it seems, i have not kept an iron clad track of it today, but it seems like the market, it looks certainly not like the debt ceiling with fiscal drops. it looks like a ho-hum event to wall street as it looks to the market. am i oversimplifying it and once the sequester kicks in, the market will move in any way, shape or form. >> at some point, chris, i dont kn...

Prescribed by rheumatologists. >> all of this will cause a ripple effect throughout our economy. layoffs and paycuts means that people have less money in their pockets and that means that they have less money to spend at local businesses. that means lower profits. that means fewer hired. so, how will the sequester actually impact the economy? lets ask two economic experts. im thrilled to have both of them. greg and steve liesman, cnbc senior economics reporter. greg, i want to start with you. ...

About how to avert the sequester. there just hasnt been a lot of action, especially on the senate side, to actually avert it. last year the house passed a bill twice that would replace the across the board cuts with targeted cuts in high-growth programs. and theres been a number of proposals. one was a joint house senate armed services proposal that didnt furlough or lay off any federal workers but just said as they retire naturally, you only replace one for every three that retire. and that sav...

The spending cuts and all that comes with that because theyre not certain that theres going to be a terrible impact on the economy. and this is just not the moment for any kind of grand bargain. that other piece of news that i think is significant, the president made this clear and speaker boehner made it clear in my interview with him. they are committed to keeping the government open, which means in several weeks, which is the next potential crisis point, they do not intend to shut down the go...

Senior military leaders are warning that american readiness is in jeopardy because of fiscal chaos in washington. here is u.s. army chief of staff on "morning joe" today. >> combination of $12 million in cuts and sequesteration and the continuing resolution doesnt put the money in the right places for us in the army. so, its both of those. i havent had a budget yet since i was chief of staff. i have not had a budget. >> texas republican congressman mack thornberry serves on the armed services co...