In approx 2 weeks,
the Draconian 'sequester cuts' will be imposed, across the board. Some good, many VERY bad. This action, considered SO radical that it could never really happen, was supposed to get Congress off their asses and get something done, but the jerks have done nothing but kick the can down the road.
Last week, Senate Democrats produced a much better plan to replace these cuts with a mix of new tax revenues and targeted reductions. About $55 billion would be raised by imposing a minimum tax on incomes of $1 million or more and ending some business deductions, while an equal amount of spending would be reduced from targeted cuts to defense, as well as farm and 'big oil' subsidies.
Republicans immediately rejected the idea; the Senate minority leader, Mitch McConnell, called it “a political stunt.” Their proposal is to eliminate the defense cuts and double the ones on the domestic side, heedless of the suffering that even the existing reductions will inflict, and refuse to even consider any new revenue (taxes).
Once again, the Pubs, (whose 2000-08 'leadership' wrecked our economy), scream about Benghazi, and fillibuster Hagel, who had NOTHING to do with it are throwing tantrums rather than negotiating, compromising and acting for the country. And these jerks wonder why they are a dying breed?
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