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

I think they don't think the other one worked out that well for them. now the government shutdown has ended. people can focus on how obama care is going. that worked out better for them. the other thing thap phappening. if they don't get a budget deal, the 2014, sequestration hits. they were deeper than 2013. worse for the economy. worse for government parties. particularly bad. juch s upset republicans. the appropriators, wrote a letter saying, please, please, please, don't leapt it ht it ha. paul ryan can go back and say, look we got new spending cuts. we are doing great. the democrats have ...

It will take up to a year to get them back. it will cost through or three times as much to get them ready. we will fly less, train less, doe employ less deploy less and you will see the affects of workers being furniture load and how that impacts productivity. our shippers will be later and they will cost more. we have got two carriers, one being built here, the ford, and one about to be started, the kennedy. it's going to stretch the time out, it's going to increase the cost for both of them, and they may not be either finished or built if sequestration hits and sticks. jon: i think a lot of ...

You're describing. what you're saying is kind of shattering because you're saying that the deal that -- as you understand it that's talked about in washington right now, isn't considering sequestration. shouldn't our defense secretary be pushing right now, making phone calls and saying you guys got to talk about this before you put this to bed? >> i think he actually has been. i can't speak for him directly, but by implication, the fact that he and senator graham had a conversation, the one we're aware of but i think there were many others, and he has been, frankly, very convincing and very co...

If i were republicans i would be quiet for a while and see what the democrats put on the table for entitlement reform. >> big debate last week republicans saying we will do exactly with you said. we're only going to do cuts in deductions. we'll eliminate loop hoses. -- loopholes. that is what happened over the weekend. seems like over the weekend it dissolved into accepting of raising tax rates. the president said there is no deal unless i get that. that is what i ran on. american people are expecting that. >> here is where the president will have a rude awakening. we will get to the end of th...

Trillion in cuts over the next decade, the sequester, which in latin means, dumb politicians destroying defense, the penalty clause for sequester says, if you fail, super-committee, we'll take $600 billion out of the defense department as a pun nashment. we've already taken $487 billion out of the defense department. if you have these automatic defense cuts because the super-committee's failure here is what leon panetta, our defense secretary said would be the consequences. it would decimate our defense. it would cripple us in terms of our ability to protect this nation. it would be a, it is a...