Some Lawmakers Look for Way Out as Defense Cuts Near -- New York TimesSUMTER, S.C. — Senator Lindsey Graham rode last week like Paul Revere from South Carolina’s wooded upstate to its gracious Lowcountry to its sweltering midsection, offering a bureaucratic rallying cry for his military-heavy state — the defense cuts are coming.
On Jan. 2, national security is set to receive a heavy blow if Congress fails to intervene. That is when a 10-year, $600 billion, across-the-board spending cut is to hit the Pentagon, equal to roughly 8 percent of its current budget.
Mr. Graham’s colleagues in the Senate have been strangely quiet about the impending cuts, set in motion last sum
Read more ....
My Comment: Even the New York Times is now waking up to the realization that sequestration would mean a significantly downsized military and massive troop reductions. My prediction .... the RINO Republicans and their Democrat allies will reach an accommodation .... but we should not feel assured. In short .... the same politicians who created this mess will now advocate a solution that will embrace enormous tax increases .... at a time when unemployment is rising and the specter of a global recession becoming a reality as the Euro crisis worsens.
This is not going to end well.
No comments:
Post a Comment