Cuts in place, Obama and GOP brace for next fight

Various sectors hit with spending cuts
Associated Press
Mar 3, 2013

 

Severe spending cuts now the law of the land, President Barack Obama and congressional Republicans refused Saturday to concede any culpability for failing to stave off what both parties acknowledged was a foolhardy way to slash $85 billion in federal spending.

The still-fragile economy braced itself for the gradual but potentially grave impact of the across-the-board cuts, which took effect Friday night at the stroke of Obama's pen. Hours earlier, he and congressional leaders emerged from a White House meeting no closer to an agreement.

Even as they pledged a renewed effort to retroactively undo the spending cuts, both parties said the blame rests squarely on the other for any damage the cuts might inflict. There were no indications that either side was wavering from entrenched positions that for weeks had prevented progress on a deal to find a way out: Republicans refusing any deal with more tax revenue and Democrats snubbing any deal without it.

"None of this is necessary," Obama said in his weekly radio and Internet address Saturday. "It's happening because Republicans in Congress chose this outcome over closing a single wasteful tax loophole that helps reduce the deficit."

The president said the cuts would cause "a ripple effect across the economy" that would worsen the longer they stay in place, eventually costing more than 750,000 jobs and disrupting the lives of middle-class families.

In the Republican-controlled House, GOP lawmakers washed their hands of the mess, arguing that bills they passed in the last Congress to avert the cuts absolved them of any responsibility. Those bills passed with little to no Democratic support and were never taken up by the Senate.

"We've done the work and shown that these choices can be made in a responsible, thoughtful way," said Rep. Cathy McMorris Rodgers of Washington in the GOP address.

Obama was holding out hope that as Americans start feeling the effects of the sequester — the term used for the automatic spending cuts — public pressure will force lawmakers back to the table. Ever wary that such fiscal fiascos could jeopardize the rest of his second-term agenda, Obama vowed in his weekly address to keep pushing reforms on immigration, preschool, gun violence and transportation.

But attention was already turning to the next major budget hurdles, with less than a month to negotiate a plan to fund the government beyond March 27 and a debt-ceiling clash coming in May.

Hopes that a measure to undo the spending cuts could be wrapped into a March deal to keep the government running dimmed Friday when both Obama and House Speaker John Boehner said they'd prefer to keep the two issues separate.

"I'm hopeful that we won't have to deal with the threat of a government shutdown while we're dealing with the sequester at the same time," Boehner said.

 

Comments

Contango

@ deertracker:

Got a respectable link to back that up that “pre-funding” or is that just your opinion again that you're masquerading as fact?

Pres. Obama wasn't even a U.S. Senator when the Iraq Resolution was passed. His coulda, woulda, shoulda doesn't matter.

The Big Dog's back

Still waiting to cash in on Iraq's oil
Bush officials originally said oil money could help pay for reconstruction. But with production lagging, these funds barely cover the cost of running the government.
http://money.cnn.com/2007/11/08/...

You use this one all the time winnie.

Contango

The article is in regards to "reconstruction," not "pre-funding" the war.

Gotta laugh when you use Wiki which you once criticized as being unreliable. :)

So how's that Nobel Prize winner, Pres. BHO payin' for all his military adventures?

John Harville

WMDs in America... House GOP

swiss cheese kat's picture
swiss cheese kat

@ Contango
BIG pups response is a typical liberal copy-pasta answer.

Contango

@sck:

He/she/it obviously missed this part of the copy-paste:

“And there was conscription during both wars, which can be viewed as a kind of tax that was largely paid by the poor and middle class,”

The Big Dog's back

They are talking about those who paid the ultimate price. Disgusting.

Contango

Merely quoting your "disgusting" post Pumpkin.

deertracker

Cons have NO answer and actually think liberal is a bad thing. How silly!

Contango

@ deertracker:

Your pal, Pres. BHO went into Libya. Now he's put troops in Sahara and central Africa, put troops and missiles in Poland and is putting a Marine base in Australia.

How's he payin' for all that?

The Big Dog's back

Bullspit winnie.

goofus

I see coaster is using coasterfanmedia again, his own party didn't vote for Obozo'a budget. Obozo didn't garner more than a handful of yea votes, why would republicans need to filibuster. ROFLMAO once again at libs.

Contango

"CBO: We Can't Score Obama's Budget Plan Because It's Just a Speech":

http://www.weeklystandard.com/bl...

Gotta give Pres. BHO credit. He's doin' what he's good at: Campaigning and demagoguing.

deertracker

Will you be able to get up off the floor?

KnuckleDragger

Let's not forget that the Democrats in congress also voted for these unfunded wars and Obama has continued them.

deertracker

Obama didn't and HE ended the war in Iraq. Watch what happens next year!

Contango

@ deertracker:

Keep spewing the Obamabot revisionist history.

Pres. Bush had already negotiated the withdrawal. Pres. Obama just carried it out.

Pres. Obama wanted a small contingent of U.S. troops to remain, but Iraq said, "No."

He's shown his weakness on the foreign stage.

Sec'y Kerry is currently being kicked around in Egypt and the Russians snubbed him.

The Big Dog's back

Bill Clinton talked about Iraq, Bush invaded it. So what's your point winnie? Obama ended it.

Contango

Pres. Clinton“talked”?? lol

He fired a cruise missile or two into Iraq. Our planes were being fired on over the no-fly zone and attacked back.

The point remains: The Iraq occupation ended during Pres. Obama's tenure as it was originally negotiated under Pres. Bush - FACT.

How did this country survive over 200 yrs. without Dear Leader???

goofus

The left can't abide with the fact that Bush and Mal-Wicki had the pull-out of Iraq scheduled. Hint to leftists google Status of Forces Agreement! Wonder why the left is so confused with facts?

John Harville

Mikel... why dost thou keep blaming Congressional action (Sandy) on the President?

Why seekest thou a budget from the President - or the Senate - when the Constitution you seem to revere places revenue and expenditure clearly on, wait for it... the House?

goofus

And how many budgets has the house passed and sent to the Senate[democratic held]. All you need is 51 senators to pass.

OMG.LOL.WT_

The argument back and forth in this forum are truly a mirror image of the Congress.

KnuckleDragger

Just how our politicians want it? "Divided we fall."

Contango

Which is why I continually suggest re-visiting the recommendations of the National Commission on Fiscal Responsibility and Reform.

It had stuff in there for EVERYONE to hate.

Congress and the Pres. fiddle while Rome burns.

IMO, protect you and your own as best you can, 'cause these bozos in DC sure ain't gonna.

Go back and see TRA86 - Reagan and O'Neill hashed it out.

http://en.wikipedia.org/wiki/Tax...

John Harville

Is this your new Benghazi?

goofus

We don't need a new Benghazi, one is more than enough thank you!!!!

deertracker

Sure is, Cons lie, Liberals check 'em!

swiss cheese kat's picture
swiss cheese kat

If you have not seen this

http://youtu.be/6AZNb-UpwNU

Contango

Catchy! Here's another tune for ya:

http://www.youtube.com/watch?v=L...

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