Obama exaggerating impact of sequester, GOP senator says
President Obama is "absolutely" crying wolf on how drastically Americans will be impacted if the deep, across-the-board cuts known as the "sequester" go into effect at the end of this week, Sen. Tom Coburn, R-Okla., said today on "Fox News Sunday."
Asked whether the president has been exaggerating in his recent speeches across the country sounding the alarm for the losses in jobs, education programs and transportation services, among a host of other things, the country will suffer if the axe is brought down March 1, Coburn said definitively yes: "There are easy ways to cut this money that the American people will never feel," he said.
"The crisis is made up - it's been created," Coburn continued. "We see all these claims about what a tragedy it's going to be. The great example is, is if the secretary of transportation can assure us all the planes are going to be safe, then the Department of Homeland Security can assure us that we can get through the airports on time. They have plenty of flexibility in terms of discretion on how they spend money."
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Though he said he didn't support the cuts, scheduled during the debt ceiling debate in 2011, because "that's a stupid way to cut spending," Coburn said sequestration may be "the only way Washington, Republicans and Democrats are ever going to get out of both parties some spending cuts." The president's idea to replace the sequester with a package that balances spending cuts and revenue through tax hikes, he said, is a "straw man" setup.
"Look - the federal government is twice the size it was 11 years ago," he said. "What sequestration is, it's a terrible way to cut spending - I don't disagree with that. But to not cut 2.5 percent out of the total budget over a year when it's twice the size it was 10 years ago? Give me a break."
Meanwhile on CNN's "State of the Union," Coburn's colleague, Sen. John McCain, R-Ariz., said he was calling Mr. Obama's bluff on another sequestration point.
"The president said during the campaign: Won't happen," McCain said of the sequester. "I said during the campaign, and so did others say: We've got to stop this from happening. The president has now said it was Congress's fault. We know the president wasn't telling the truth about that."
Political journalism veteran Bob Woodward reported in the Washington Post on Saturday that the idea for the sequester - hatched amid Capitol Hill's 2011 gridlock over the debt ceiling - originated in the White House. Mr. Obama "personally approved" the plan to send to Senate Majority Leader Harry Reid, D-Nev., Woodward wrote.
McCain said he "won't put all the blame on the president" for getting to the 11th hour without having reached a bipartisan alternative to the sequester. But he did offer a reprimand for a member of the administration who suggested the fault lies with Republicans.
"Shame on Ray LaHood," McCain said of the transportation secretary. LaHood, a former Republican congressman, said earlier on the show: "My audience is trying to persuade my former colleagues that they need to come to the table with a proposal, which might be they haven't done. While the president has, the Republicans haven't."
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Another lefty messiah of Doom and Gloom and the a Chicken Little with cries of the sky is falling.
Everyting will work out like the last fiscal crisis in the end.
We need to spend as we go along to get the national debt under some form of control.
What will soon sink the economy is if the unemployment rate continues to rise, the GNP comes in again at 0.1 again and when the stock market, the Dow 14,000 bubble bursts even if the Fed keeps printing and pumping money into it and we have a big correction in the market. The Fed has been holding down interest rates the same way but that too will end and when they go back up, a double dip recession will hit.
This is what Obama should be warning us about and start working with Congress to avert instead of playing who blinks first.
The President would continue to borrow Chinese funds so that the air traffic controllers can be paid.
The President hasn't the guts to raise taxes on American tax payers to pay the salaries of the air traffic controllers.
Obama is an "essential person". Therefore, it is important that we continue to borrow from China to pay for air traffic controllers so that there will be no interference with Obama's $187,000 plane trips to his $10,000 golf lessons with Tiger Woods.
I once said, "We will bury you," and I got into trouble with it. Of course we will not bury you with a shovel. Your own working class will bury you.
- Nikita Khrushchev
Now.....are you talking about the Americans who get everything for free from the government and contribute nothing? OR the successful who put a lot at risk to start up a business, and now pay a boatload in taxes?
Correct me if I'm wrong, but didn't taxes just go up on the successful? (as well as everyone else who has a job, per the payroll tax)
and those things you mention do get taxed....but it's a bit ridiculous how much you lefties want to keep increasing it-
Also, if you go to Sears the day AFTER the sale, that is like trying to pay last years tax rates, this year-- so your point is not valid-
Remember republicans will not allow corporations, big oil and the super rich to lose any of their subsidies or tax loop holes. Some are but not limited to...the 4 billion dollars a year congress gives big oil in subsidies. Does anybody think big oil needs or deserves 4 billion dollars a year in taxpayer money when they are the most profitable business in the world?
Republicans refuse to eliminate tax loop holes for corporations while gives them taxpayer money for moving jobs overseas and creating jobs over there. Does this make sense to any rational person?
Those are but a few examples of why the treasury is not being replenished but being drained by republicans and their quid pro quo contributors.