It’s here.
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After three months of trying to defer Washington’s Great Sequester, better known as forced budget cuts, Republicans and Democrats are arguing to the last hour about how to disarm it.
On Thursday in the Senate, leaders will debate less about finding solutions than political cover.
According to Politico, no one is expected to have the 60 votes needed for passage — meaning the cuts are likely to be ordered Friday night.
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But fearful of the fallout from the cuts, the GOP leadership pushed ahead Wednesday with its controversial plan to cede broad authority to the White House for the remainder of this fiscal year to implement the $85.3 billion in reductions.
The final 10-page bill, released Wednesday evening, would require Obama to come back to Congress by March 15 with his own plan to achieve the same level of cuts, rather than the across-the-board sequester. Lawmakers could yet overrule the president’s plan, but that would require two-thirds majorities in both houses — a very unlikely event.
Senate Minority Leader Mitch McConnell (R-Ky.) signaled his blessing early in the day. But the strategy, crafted by his ally Sen. Pat Toomey (R-Pa.), continued to meet resistance at a party luncheon and even supporters admitted reservations about giving up so much power to the president.
As of now, looks like we’re deadlocked. Sequester, bring it on.
SOURCE: Politico
