The only reason that the damaging sequester cuts exist is because Republicans took the entire economy hostage in 2011. That’s it. Period. End of Story.
Now that these painful, indiscriminate cuts are just three days away, Republicans, who by the way voted for the cuts en masse, are trying to absolve themselves of any responsibility for the economic havoc and suffering that will ensue if they allow the cuts to go into effect. Unfortunately, claiming that they are not responsible for the cuts isn’t the only myth the GOP is perpetuating.
Here’s the top five GOP myths about the sequester and why nearly everything the Republicans are saying about it is wrong:
1. We need spending cuts to get the economy going. The GOP claims that government spending is out of control and reason that reducing spending would spur greater economic growth. But government expenditures have grown at its slowest pace since the Eisenhower administration under President Obama and the latest projections from the Congressional Budget Office show that the nation’s deficits have shrunk by trillions of dollars, and the debt is close to being stabilized as a percentage of the economy. Austerity measures have dragged down economic growth in Europe and some economists argue that sequestration won’t actually lead to substantial shrinking of the deficit, since fiscal contraction caused by sequestration is likely to slow economic growth, reducing tax revenue and preventing meaningful deficit reduction.
2. Agencies need more flexibility to avoid cuts in crucial services. After backing sequestration mechanism — the harmful cuts that were designed to force lawmakers to reach a comprehensive deal to reduce the deficit with additional revenue and spending reductions — Republicans are now considering legislation that would leave Obama and federal agencies with the responsibility of carving out waste and unnecessary spending while preserving critical government services. In reality, the problem isn’t one of authority. Programs will see their budgets cut by anywhere between 2 and 10 percent and most will be unable to salvage services and only target inefficiencies. The Republican replacement is just another effort to implement spending reductions without increasing revenues and blame Obama for the consequences.
3. The federal spending will still be higher next year. This claim is technically true, but only because the sequester target the growth of government programs: they will grow at a slower pace as a result of the spending reductions. This is simply how federal budgeting works. The sequester will reduce spending as percentage of the economy, lowering discretionary spendingto historic lows.
4. These are very modest cuts. The reductions may not mean much for wealthy Congressman, but states will lose funding for education, job training, health care, and a plethora of other services, jeopardizing assistance for low-income and middle class families alike and threatening the economic recovery. The cuts will also undermine everything from border security to the screening of containers. Estimates show that the sequester would reduce 2013 gross domestic product (GDP) growth by half a percentage point, and would cost the economyclose to one million jobs in the next two years.
5. Democrats have rejected the GOP’s sequester replacement bills. Republicans in the House passed a sequester replacement bill in the last Congress that doesn’t raise any new revenue and includes cuts in domestic programs like food stamps, Medicaid, and the social services block grant (which, among other things, funds Meals on Wheels). The GOP has not introduced a replacement bill in this current Congress and refuses to compromise on the Democrats’ balanced approach of higher revenues and more spending cuts. Budget deals cut over the last year have already reduced a substantial amount of spending and even with the revenue included in the fiscal cliff deal, there have been $2.50 in spending cuts for every $1 in revenue signed into law by Obama.
Prominent Republicans sign Supreme Court brief backing marriage equality.
8 inspiring things that have happened since Trayvon Martin was killed one year ago today.
The most dishonest attack on Obamacare yet.
Republicans change their votes and kill the filibuster against Chuck Hagel.
Now Indiana just wants women to have one transvaginal probe, not two.
Why the sequester will lead to major delays at the airport.
Five ways the sequester will harm women.
The Voting Rights Act is on trial tomorrow at the Supreme Court.
Chris Christie is the latest GOP governor to expand Medicaid under Obamacare.
The Senate stands in adjournment until 10:00am on Wednesday, February 27, 2013.
The Senate has turned to Executive Session to consider Executive Calendar #26, the nomination of Jacob Lew, of
New York, to be Secretary of the Treasury. There will now be up to 8 hours for
debate equally divided between the two Leaders or their designees. Upon the use
or yielding back of time, the Senate will proceed to vote on confirmation of the
nomination.
There will now be 10 minutes for debate prior to a vote on confirmation of the
Lew nomination. If all times is used, the vote would begin at approximately
5:37pm.
5:38pm The Senate began a roll call vote on confirmation of Executive Calendar #26, the nomination of Jacob J. Lew, of New York, to be Secretary of the Treasury;
Confirmed: 71-26
WRAP UP
ROLL CALL VOTE
1) Confirmation of Executive Calendar #26, Jacob J. Lew, of New York, to be Secretary of the Treasury; Confirmed: 71-26
LEGISLATIVE ITEMS
Passed H.R.307, a bill to reauthorize certain programs under the Public Health Service Act and the Federal Food, Drug, and Cosmetic Act with respect to public health security and all-hazards preparedness and response, and for other purposes with a Committee-reported substitute amendment.
Adopted S.Res.58, authorizing the reporting of committee funding resolutions for the period of March 1, 2013 through September 30, 2013.
Adopted S.Res.61, designating March 1, 2013, as “Read Across America Day”.
Adopted S.Res.62, a resolution to authorize the production of records by the Permanent Subcommittee on Investigations of the Committee on Homeland Security and Governmental Affairs.
No EXECUTIVE ITEMS
—————————————————————————————-
Watch Most Recent House Floor Activity
Last Floor Action:
7:14:10 P.M. – The House adjourned. 2/26/13
The next meeting is scheduled for 10:00 a.m. on February 27, 2013.
| 10:00:22 A.M. | The House convened, starting a new legislative day. | |
| 10:00:27 A.M. | The Speaker designated the Honorable Ileana Ros-Lehtinen to act as Speaker pro tempore for today. | |
| 10:01:02 A.M. | MORNING-HOUR DEBATE – The House proceeded with Morning-Hour Debate. At the conclusion of Morning-Hour, the House will recess until 12:00 p.m. for the start of legislative business. |
| 11:19:14 A.M. | The Speaker announced that the House do now recess. The next meeting is scheduled for 12:00 P.M. today. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12:00:50 P.M. | The House convened, returning from a recess continuing the legislative day of February 27. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12:00:55 P.M. | Today’s prayer was offered by Reverend Ronald Derrick, American Legion National Chaplain, Rigby, Idaho. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12:01:00 P.M. | POSTPONED PROCEEDINGS ON APPROVAL OF JOURNAL – The Chair announced that he had examined the Journal of the last day’s proceedings and had approved it. Mr. Joyce demanded that the question be put on agreeing to the Speaker’s approval of the Journal and by voice vote, the Chair announced that the ayes had prevailed. Mr. Joyce demanded the yeas and nays and the Chair postponed further proceedings on the question of agreeing to the Speaker’s approval of the Journal until later in the legislative day. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12:02:25 P.M. | PLEDGE OF ALLEGIANCE – The Chair designated Mr. Roskam to lead the Members in reciting the Pledge of Allegiance to the Flag. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12:02:54 P.M. | ONE MINUTE SPEECHES – The House proceeded with one minute speeches which by direction of the Chair, would be limited to 15 per side of the aisle. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12:38:13 P.M. | H. Res. 83 | Considered as privileged matter. H. Res. 83 — “Providing for consideration of the bill (S. 47) To reauthorize the Violence Against Women Act of 1994.” | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12:38:34 P.M. | H. Res. 83 | DEBATE – The House proceeded with one hour of debate on H. Res. 83.
|
|
First Lady Michelle Obama and Dr. Jill Biden speak to governors about the importance of offering more assistance for military spouses seeking to transfer their professional licenses or certifications when they move from state to state. February 25, 2013.
|
You must be logged in to post a comment.