Base Closing News Today : Breaking News, Live Updates & Top Stories | Vimarsana

(Archived document, may contain errors) 8 January 15, 1993 HOW TO GET SPENDING UNDER CONTROL

split, 6-6 along party lines. they'll have until thanksgiving to come up with a package of cuts and/or taxes to get the $1.5 trillion. now, congress would then vote up or down on the entire chunk. they have to vote. but remember, the supercommittee was set up to do what congress and the white house failed to do. keeping them honest tonight, it's not like this is the first time politicians have decided to set up a committee to do what they themselves have failed to do. in targets we have all been to this rodeo before. >> this commission has given us a warning for the future. but you h...

leaders each get to name three members. meaning the panel will be evenly split, 6-6 along party lines. they'll have until thanksgiving to come up with a package of cuts and/or taxes to get the $1.5 trillion. now, congress would then vote up or down on the entire chunk. they have to vote. but remember, the supercommittee was set up to do what congress and the white house failed to do. keeping them honest tonight, it's not like this is the first time politicians have decided to set up a committee to do what they themselves have failed to do. in targets we have all been to this rodeo be...

Level since 1940. that would save $3.5 billion by retiring the air force's entire a-10 fleet. it would place half of the navy's cruiser fleet in reduced operating status. reforming military compensation packages. and then, also, asking congress for yet another round of base closing and realignments in 2017. now, secretary hagel said tuesday the recommendations were made after weighing the risks against fiscal reality. >> the world's unpredictable. i get that. you have to be prepared. i get that. but you also have to use some common sense. would you rather have more soldiers than less? of cours...