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Forced Federal Budget Cuts Getting Closer

Story By: Larry Stine

 

 

 
 
 
   
   
  Originally Published on: 2/27/2013

Forced federal budget cuts are getting closer and now the language is getting nastier on Capitol Hill.

With each passing hour, it's looking increasingly likely that 85-billion dollars in spending will get the axe this Friday.

Dana Bash has the latest.

It has to come to this.

"We should not have to move a third bill before the Senate gets off their ass and begins to do something," House Speaker John Boehner says.

The speaker, who grew up in his father's bar, versus the Senate Majority Leader, whose mother made ends meet doing laundry for brothels in Nevada.

"I was raised I a little town that had 13 brothels in it so I am used to some pretty salty language...I think he should understand who is sitting on their posterior. We are doing our best here to pass something. The speaker is doing nothing to try to pass anything over there," says Senate Majority Leader Harry Reid.

That off color verbal volley took the blame game to a new level, as Democrats and Republicans conceded forced spending cuts they created in 2001, with no intention of actually kicking in, now almost certainly will, starting Friday.

President Barack Obama took his bully pulpit to Norfolk, Virgnia, where the White House says across the board cuts will force the Navy to cancel maintenance of 11 ships.

"That hurts this community. because of these automatic cuts, about 90,000 Virginians who work for the Department of Defense would be forced to take unpaid leave from their jobs," President Obama said.

Then, rapoid fire warnings of other real world effects from forced spending cuts.

"More than 2,000 college students would lose their financial aid...delays at airports across the country...tens of thousands of parents will have to scramble to find child care for their kids," President Obama said.

Republicans now argue consequences from the country;s debt would be worse than forced spending cuts, and liken the President to Chicken Little.

"Saying that the sky is falling, all in an effort to scare Congress and to scare the American people into doing what he wants, which is raising taxes," said Republican Sen. John Barrasso of Wyoming.

That speaks to the heart of the divide. Republicans say no new taxes in any deal to prevent indiscrminate cuts. Democrats want tax increases and spending cuts. It's philosophical, and on this, insurmountable.

"Until there's some agreement on revenue,  I believe we should just go ahead with the sequester," says Sen. Reid.

The Senate Republican leader is pushing a proposal to make the cuts less painful by giving the president flexibility to prioritize what programs and jobs should be saved.

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