Thursday, November 29, 2012

It's Too Late To Stop U.S. Budget Sequestration

Rep. Randy Forbes

It's Too Late To Stop Sequester: HASC Rep. Randy Forbes EXCLUSIVE -- Aol Defense

WASHINGTON: "I am fully expecting to see sequestration in some form beginning in January," Rep. Randy Forbes told AOL Defense in an exclusive interview. And those automatic cuts -- or even the more targeted cuts likely in any deal to avoid a sequester -- would undermine the nation's new Pacific-focused strategy and the military's AirSea Battle concept to win future ocean wars, said Forbes, who chairs the readiness panel of the House Armed Services Committee.

Congress could strike a deal in 2013 to stop the sequestration cuts before they take full effect -- presumably as part of a larger deal on the "fiscal cliff" to raise the debt ceiling and extend Bush-era tax cuts -- but "I think it will be sometime early spring before we see that," Forbes sighed. "It's going to be very, very difficult to reach that deal before January."

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My Comment: I am still sticking to my position that before sequestration hits, taxes will be raised, the defense budget will be cut (drastically), and entitlement reform will not happen. In short .... delaying the hard decisions to curb government spending to a later date.

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