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Obama, GOP fail to reach fiscal deal



Published: Sat, March 2, 2013 @ 12:00 a.m.

Spending cuts formally enacted

Associated Press

WASHINGTON

Gridlocked once more, President Barack Obama and Republican congressional leaders refused to budge in their budget standoff Friday as $85 billion in across-the-board spending cuts bore down on individual Americans and the nation’s still-recovering economy.

“None of this is necessary,” said the president after a sterile White House meeting that portended a long standoff.

Obama formally enacted the reductions a few hours before the midnight deadline required by law.

The president met with top lawmakers for less than an hour at the White House, then sought repeatedly to fix the blame on Republicans for the broad spending reductions and any damage that they inflict. “They’ve allowed these cuts to happen because they refuse to budge on closing a single wasteful loophole to help reduce the deficit,” he said, renewing his demand for a comprehensive deficit-cutting deal that includes higher taxes.

Republicans said they wanted deficit cuts, too, but not tax increases. “The president got his tax hikes on Jan. 1,” House Speaker John Boehner told reporters, a reference to a $600 billion increase on higher wage earners that cleared Congress on the first day of the year. Now, he said after the meeting, it is time take on “the spending problem here in Washington.”

Senate Republican leader Mitch McConnell of Kentucky was equally emphatic. “ I will not be part of any back-room deal, and I will absolutely not agree to increase taxes,” he vowed in a written statement.

At the same time they clashed, Obama and Republicans appeared determined to contain their disagreement.

Boehner said the House will pass legislation next week to extend routine funding for government agencies beyond the current March 27 expiration. “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,” he said, referring to the new cuts by their Washington-speak name.

Obama said he, too, wanted to keep the two issues separate.

Under the law, Obama had until midnight to formally order the cuts. Barring a quick deal in the next week or so to call them off, the impact eventually is likely to be felt in all reaches of the country.

The Pentagon will absorb half of the $85 billion required to be sliced between now and the end of the budget year on Sept 30, exposing civilian workers to furloughs and defense contractors to possible cancellations. Said Defense Secretary Chuck Hagel, only a few days on the job: “We will continue to ensure America’s security” despite the challenge posed by an “unnecessary budget crisis.”

The administration also has warned of long lines at airports as security personnel are furloughed, of teacher layoffs in some classrooms and adverse impacts on maintenance at the nation’s parks.

The announcement by the housing agency in Seattle was an early indication of what is likely to hit as the cuts take effect. It said it was taking the action “to cope with the impending reduction in federal funding,” adding that it normally issues 45 to 50 vouchers per month.

After days of dire warnings by administration officials, the president told reporters the effects of the cuts would be felt only gradually.

“The longer these cuts remain in place, the greater the damage to our economy — a slow grind that will intensify with each passing day,” he said. Much of the budget savings will come through unpaid furloughs for government workers, and those won’t begin taking effect until next month.

Obama declined to say if he bore any of the responsibility for the coming cuts, and expressed bemusement at any suggestion he had the ability to force Republicans to agree with him.

“I am not a dictator. I’m the president,” he said. “So, ultimately, if Mitch McConnell or John Boehner say we need to go to catch a plane, I can’t have Secret Service block the doorway, right?” He also declared he couldn’t perform a “Jedi mind meld” to sway opponents, mixing Star Wars and Star Trek as he reached for a science fiction metaphor.

Neither the president nor Republicans claimed to like what was about to happen. Obama called the cuts “dumb,” and GOP lawmakers have long said they were his idea in the first place.


Comments

1VINDYAK(1799 comments)posted 1 year, 9 months ago

Obama shouldn't complain as this current dilemma is one he originally approved. Now he is blaming Republicans, but he is even more guilty since he has the power to lead but refuses to do so. He prefers to blame others with speeches to make the public look at him as a leader, but in fact he is leading us into the worst financial shape in our country's existence. His stonewalling and refusal to compromise is arrogant and unintelligent political manipulations in an attempt to improve his personal image at the cost of national well being and prosperity. He is not improving his legacy, he is destroying it, along with our country. The more he blames Congress for our country's decline, the more Congress refuses to work with him. His spending this year is higher than last year, and so it goes every year. He has not had a budget in years and continues to spend like there is no tomorrow. This forces our country to print more money and borrow more than we can ever possible re-pay at current levels.

So now he says this sequestration is "Stupid". I agree. Mr. Obama, just look in the mirror at the person who approved it.

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2redeye1(4696 comments)posted 1 year, 9 months ago

Vindyak He can't blame Bush anymore, so now it has to be the GOP. This is coming from a boy who has never even held a REAL job. He has the leadership qualities of a fool. He portraits that everyday when he opens his mouth. But then he has people believing he's out to help them , when in turn he' screwing them over constantly. Gas prices for an example, if he would just shut his mouth on how we should be paying $6 or 7 a gallon for gas. When he says things like that the gas companies take him up on it .They feel he likes higher prices.

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3jojuggie(1478 comments)posted 1 year, 9 months ago

Great post. Couldn't have said it better.

What do you expect of a community organizer? What we need is a COUNTRY ORGANIZER, not a COUNTRY DISORGANIZER.

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476Ytown(1294 comments)posted 1 year, 9 months ago

“If you compare [the sequester cuts] to sacrifices a regular family has had to make, you’re talking about the money you find in your couch cushions,” said Larry Winget, the best-selling author of “You’re Broke Because You Want to Be.

Heritage Foundation President-elect Jim DeMint, the former South Carolina senator and fiscal hawk, wrote Friday that the White House is making it “seem like sequestration means the end of the world. “ But given that the federal budget nearly doubled to $3.5 trillion from $2 trillion between 2002 and 2012, and will swell to $6 trillion over the next decade, DeMint said the cuts don’t go nearly far enough.

“The sequester barely taps the brakes on this runaway spending,” DeMint wrote.

Senate Minority Leader Mitch McConnell, R-Ky., said the federal government should follow the lead of Americans, who are taking thinner wallets in stride.

“Its’ absurd to think that the government cannot get by with a little more than a 2 percent reduction in spending when every working American had to figure out how to make do with 2 percent less in their paychecks just last month," McConnell said.

Read more: http://www.foxnews.com/politics/2013/...

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