Page 2 - Like Sequester News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Going to pass that next week which gives us the flexibility to put these cuts in place in a better way. >> john: if the deal materializes or even if it doesn't, it may be that this sequester, which was supposed to signify a profound failure of government, was in fact a real, if untidy success. senator ron johnson has been saying this all along. >> if and when sequestration goes through, would that be a victory for the tea party? >> sure, absolutely. tea party taxed enough already. the federal government gets enough revenue, it's about time to lower the rate of spending, lower the size of gover...

Deploy to the persian gulf. >> it's sad, john, to have the chief of this land scaring people when in fact if any of those things happen it will be because the president wants them to happen. >> the cuts are not smart, fair, it will hurt our economy. >> john: is this all a little over the top? >> look it, i don't think -- these are the facts, what people who report on the facts, how they decide to describe them is their decision, but i think the facts are the facts. certain cuts will be made, certain programs will be affected. >> but is it over the top to say that all of the these horrible thin...

Gas revenue. >> put people to work as soon as possible on most urgent repairs. >> make high quality preschool available to every single child in america. >> redesign america's high schools so they better equip graduates, training and equipping forces. >> and invest in capabilities, reduce waste in war time spending. >> invest in worldclass hacare including mental care for our warriors. >> and he throws out platitudes and the underlying economics behind that are illusional. >> i think that a lot of politics here, we're not funding things that are obsolete and the obvious things, there's a whole...

Reductions have to occur, 40 plus cents of every single dollar that we spend in this country. >> john: february 26th, newport news, virginia, president obama speaks to ship yard workers. >> what the sequester does, it uses a meat cleaver approach to gut critical investments in things like education and national security. >> john: but he again resists talk of an immediate catastrop catastrophe. >> the impact of this policy will not be felt overnight, but it will be real. >> john: it's tuesday, congressman, there are just a few days left to avoid the sequester. do you see anything coming down th...

Hacksaw approach to spending reductions that was supposed to hit both sides equally. democrats would hate cut to nondefense programs and republicans wouldn't stand cuts to the military. the theory was the cuts would be so bad there was no way congress would ever allow them to happen, but after months of deliberations, the supercommittee couldn't come to any agreement and simply gave up. so much for theory. now, sequestration was to go into effect on january 1st, 2013. as it happens, that was the same time the so-called bush tax cuts were set to expire. together, it was a supercrisis. fed chair...