No Deal In Sight To Stop $500 Billion In Pentagon Cuts

Pessimism Growing On Deal To Avert Deep Cuts To Pentagon Spending -- The Hill

Lawmakers are struggling to head off $500 billion in automatic defense cuts before the end of the year despite a shared desire in both parties to reverse them.

Key senators on defense issues are beginning to press for action now on sequestration and have started meeting in small groups to try and find some way to cancel, delay or otherwise avoid the reductions to the Pentagon budget.

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My Comment: When even the OMB does not want to discuss this .... that is when you know there is a problem.