Sequester Proposal News Today : Breaking News, Live Updates & Top Stories | Vimarsana

To make the cuts the way he wanted, no. >> why would congress delegate that responsibility? and-- >> why would they complain about the way the cuts were going to have and respect the authority to redo them. >> obama had a sequester proposal and the republicans said no. >> megyn: and the republicans had a proposal and the democrats rejected it. >> both sides. >> megyn: that's my point. >> they want to deny any responsibility for it and come out smelling like a rose and you know, usually the president with stands these debates because people like him personally. and i thought it was interesting ...

In about 15 minutes, the senate will take votes on rival democratic and republican bills that would avert the sequester but both bills are expected to fail. the democratic bill wards off some cuts focusing spending reductions on farm and defense programs. it also includes tax increases on wealthy americans and the oil and gas industry. meanwhile, the republican plan would keep the $85 billion in cuts but allow president obama to reallocate those cuts. here's the senate majority and minority leaders today. >> the republican plan what we thought was coming and it did would be like you're told yo...

Sequestering back by a year, and the republicans are ve jekylling that saying they won't accept any revenue. they would rather have the sequester happen, they would rather have it tank the economy and undermine our national security than agree to a compromise. and i think, you know, the public is going to see through that sort of extremist position. jon: well, the president, i mean, the sequester proposal came from the white house, so if it goes into effect, the president essentially is left taking his own medicine. >> and it was supp 75% of the republican house caucus. jon: all right. andrew ...

Are we going to see these kind of cuts, the ones that were outlined in the sequester proposal? >> i think the odds are pretty high, to be honest. i don't think there's any appetite from republicans in congress to do any deal that has any tax revenue component just because they just signed off on a deal, the fiscal cliff deal that had $610 billion in tax revenue. they think it's time to go back to spending cuts. they really don't take into consideration the fact that we had the debt ceiling deal which was all cuts. that means they'll probably hold out for something that has cuts only. democrats...