Skip to comments.Sequestration: White House summit begins
Posted on 03/01/2013 8:14:52 AM PST by Sub-Driver
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If you honestly believe that any federal agency will undergo a cut in their budget that steep, you're smoking funny tobacco. No such thing is going to happen while Obama is in office. Guaranteed.
The only thing that concerns me is that this “ends justifies the means” administration will purposely crash the economy with the sole purpose of blaming the GOP.
Obama formally notifies government agencies that sequestration is in effect.Even if the budget for some of these gov agencies stayed the same that would be a cut because of inflation. see the military will get a 13% cut but those dollars will have even less value because of inflation so then they will be able to buy less tanks etc. because those dollars have less value even if budget stayed the same. I'll trust my research over your “beliefs”. .
Sometime today the Office of Management and Budget will order all federal agencies to cut their budgets by around nine percent, except for the Pentagon which needs to cut defense programs by 13 percent.
Once Obama issues the sequestration order, Treasury Department officials will take offline the computers that process payments for school construction and clean energy bonds to reprogram them for reduced rates. Payments will be delayed while they are made manually for the next six weeks.
Employees at the Environmental Protection Agency will get e-mails notifying them that a forced furlough of up to 13 days lies ahead
At the Department of Housing and Urban Development, officials will spend the weekend mailing out letters to governors in all 50 states showing how much their grants will be reduced in the coming days and weeks.
Programs that dole out funding as an intermediary like public rent assistance, farm loans and food programs will see immediate cuts
GOP didn’t cave . so what do you say now?
I actually will send them thanks by email and twitter.
Buy into Obama’s Chicken Little rhetoric if you must, but you’re gonna feel lied to, when you see that NO federal agency had a single dime ‘cut’ from their budgets.
The Sequester does not mandate a ‘cut’ in any federal agency’s budget. It mandates a mere 2% reduction in the projected rate of INCREASE in federal spending. That’s it.
If Obama decides to order actual budget CUTS to certain agencies, departments, or branches, that’s a whole ‘nother kettle of fish. Look for him to do just that, so he can turn around and blame the pain on the Republicans.
They’re only allowing him to have 98% of the projected increase in federal spending, so he’ll slash and burn the budgets of critical areas to punish them. He doesn’t give a damn who gets hurt.
I gave a binary proposition, explaining what each action by them would mean.
Looks like we ended up with B. :-)