Page 29 - Sequestration Cuts News Today

Were going off. president obama wants to us go off hecht will come back with a largeer plan. the obama tax cut. then he will be able to reintate across-the-board sequestration cuts. 8.2% across the board. cut defense and health. they will be able to reintate a lot of programs and give his caucus the opportunity to say look, i am voting for something. i am voting to restore tax cuts for the middle class. voting to restore great thin things. republicans are in a tough position. no one will say vot...

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Off. he is going to come back with a larger plan, the obama tax cuts. then he will be able to reinstate those across-the-board sequestration cuts to gut things like defense, national institutes of health. he will be able to reinstate a lot of programs and give his caucus the opportunity to say, look, i am voting for something and to restore tax cuts for the middle class. i am voting to restore the great things. and the republicans are going to be in a really tough position because no ones going ...

Latest updates on this topic.

Latest updates on this topic.

Latest updates on this topic.

And what mr. romney did was essentially take the president to task for the idea of so-called sequestration which refers to the fiscal cliff the government would face in january if no strong steps were taken to cut spending, automatic spending cuts kick in. >> the estimates of the kind of numbers of jobs lost in virginia from these cuts is between 100 and 200,000. its unthinkable. its unthinkable to virginia, our employment needs, but also unthinkable to the ability and the commitment of america ...

We have to ask ourselves are we willing to live with that? if we are not is there a way to have a shared sacrifice moving forward? >> i think you will see in coming months we will offer proposals that would be alternatives to the cuts. >> added complication is trying to do it in an election year. mccain says there are nondefense places to slash spending. >> we are reducing defense spending and doing it dramatically. i think we should do it away with the agriculture subsidiaries. >> senator jeff ...

We have to ask ourselves are we willing to live with that? if we are not is there a way to have a shared sacrifice moving forward? >> i think you will see in coming months we will offer proposals that would be alternatives to the cuts. >> added complication is trying to do it in an election year. mccain says there are nondefense places to slash spending. >> we are reducing defense spending and doing it dramatically. i think we should do it away with the agriculture subsidiaries. >> senator jeff ...