iname Wrote:
Nov 12, 2012 4:32 PM
GOP House members have stonewalled on the debt limit and harmed the country's credit rating, then demanded that sequestration cuts be adopted as part of the deal to resolve the crisis they created. They wanted huge budget cuts then, but don't seem to want them now, especially if the budget cuts might hurt their own sacred cows. If the White House and congress really wanted to solve the federal budget crisis, they would do nothing. At the end of the year, the Bush tax cuts would expire and federal spending cuts would go into effect, impacting all parts of the federal budget.