Quantum Windbag
Gold Member
- May 9, 2010
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Just remember, it is the Republicans fault, Obama said so.
Senate rejects sequester alternatives
The U.S. Senate failed to pass both Republican and Democratic alternatives to head off across-the-board spending cuts, nearly guaranteeing Washington will blow past a Friday deadline to avoid or replace $85 billion in cuts that threaten economic growth, military readiness and jobs.The Democratic alternative would have replaced the cuts, known as the sequester, with a combination of a minimum 30% tax on millionaires and cuts to defense and farm programs. It failed 51-49.
"I really believe that the American people deserve better than what the Republicans in this building believe is the right thing," said Senate Minority Leader Harry Reid, D-Nev.
The Republican alternative would have transferred sweeping authority to President Obama to force him to determine how to implement $85 billion in cuts instead of the across-the-board spending cut affecting most reaches of the federal government. The sequester exempts military personnel accounts and the social safety net including Social Security and Medicare. The GOP measure also failed, 38-62.
Senate rejects sequester alternatives