Postpope Sequestration News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Automatic cuts. defense cuts. domestic cuts. what is going to happen to that? are they going to address that? >> i was called by leon panetta last night at 7:30 during dinner. >> chris: secretary of defense. >> and he said i was told there will not be anything in the deal to avoid se sequestration from going into effect. half of the 1.2 falls on defense. we already cut $489 billion. he says if we do this it will be shoot the defense department in the head and we will have to send out 800,000 layoff notices at the beginning of the year. he is worried we will destroy the finest military in the w...

Consequence to the debt. she told me all of the $600 billion goes on the deficit. i hope that is true. that is only 5% or 6% of the deficit. when it comes to defense spending the only reason i would vote for this deal if sequestration is not included is trusting people like dianne to work with me to make sure it never becomes a reality post january 1. >> chris: even if you get the automatic cuts which are $110 billion or $120 billion in the first year even if you get those the deal that you are talking about does not reduce our national debt because extending the bush tax cuts on 98%, 99% of a...