Thursday, January 29, 2015

Fwd: Sequester

'President Obama will call for an end to the automatic series of budget cuts known as sequestration when he proposes a new budget next week, the White House announced Thursday…

Republicans who control both the House and the Senate say they too want to eliminate the sequester, but the Obama budget includes too many tax hikes and too much spending.

"Republicans believe there are smarter ways to cut spending than the sequester and have passed legislation to replace it multiple times, only to see the president continue to demand tax hikes," said Cory Fritz, a spokesman for House Speaker John Boehner, R-Ohio. "Until he gets serious about solving our long-term spending problem it's hard to take him seriously."

GOP members note that the White House signed off on the 2011 budget plan that called for automatic across-the-board budget cuts if the parties couldn't agree on a separate package of cuts.'


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