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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsStatement from the President (on filibuster of Democratic sequester replacement)
Statement from the President
Today, Republicans in the Senate faced a choice about how to grow our economy and reduce our deficit. And instead of closing a single tax loophole that benefits the well-off and well-connected, they chose to cut vital services for children, seniors, our men and women in uniform and their families. They voted to let the entire burden of deficit reduction fall squarely on the middle class.
I believe we should do better. We should work together to reduce our deficit in a balanced way by making smart spending cuts and closing special interest tax loopholes. Thats exactly the kind of plan Democrats in the Senate have proposed. But even though a majority of Senators support this approach, Republicans have refused to allow it an up-or-down vote threatening our economy with a series of arbitrary, automatic budget cuts that will cost us jobs and slow our recovery.
Tomorrow I will bring together leaders from both parties to discuss a path forward. As a nation, we cant keep lurching from one manufactured crisis to another. Middle-class families cant keep paying the price for dysfunction in Washington. We can build on the over $2.5 trillion in deficit reduction weve already achieved, but doing so will require Republicans to compromise. Thats how our democracy works, and thats what the American people deserve.
http://www.whitehouse.gov/the-press-office/2013/02/28/statement-president
Today, Republicans in the Senate faced a choice about how to grow our economy and reduce our deficit. And instead of closing a single tax loophole that benefits the well-off and well-connected, they chose to cut vital services for children, seniors, our men and women in uniform and their families. They voted to let the entire burden of deficit reduction fall squarely on the middle class.
I believe we should do better. We should work together to reduce our deficit in a balanced way by making smart spending cuts and closing special interest tax loopholes. Thats exactly the kind of plan Democrats in the Senate have proposed. But even though a majority of Senators support this approach, Republicans have refused to allow it an up-or-down vote threatening our economy with a series of arbitrary, automatic budget cuts that will cost us jobs and slow our recovery.
Tomorrow I will bring together leaders from both parties to discuss a path forward. As a nation, we cant keep lurching from one manufactured crisis to another. Middle-class families cant keep paying the price for dysfunction in Washington. We can build on the over $2.5 trillion in deficit reduction weve already achieved, but doing so will require Republicans to compromise. Thats how our democracy works, and thats what the American people deserve.
http://www.whitehouse.gov/the-press-office/2013/02/28/statement-president
<...>
If the bill would have become law, it would have replaced tens of billions of dollars in spending cuts set to take place this year with 10 years worth of deficit reducing tax increases and targeted spending cuts. The revenue would have come largely from individuals making over $5 million a year, by imposing a minimum Buffett Rule tax on their earnings. The cuts would have been divided evenly between agriculture subsidies and defense spending.
http://tpmdc.talkingpointsmemo.com/2013/02/republicans-block-sequestration-alternative.php
If the bill would have become law, it would have replaced tens of billions of dollars in spending cuts set to take place this year with 10 years worth of deficit reducing tax increases and targeted spending cuts. The revenue would have come largely from individuals making over $5 million a year, by imposing a minimum Buffett Rule tax on their earnings. The cuts would have been divided evenly between agriculture subsidies and defense spending.
http://tpmdc.talkingpointsmemo.com/2013/02/republicans-block-sequestration-alternative.php
Roll call: http://www.senate.gov/legislative/LIS/roll_call_lists/roll_call_vote_cfm.cfm?congress=113&session=1&vote=00027
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Statement from the President (on filibuster of Democratic sequester replacement) (Original Post)
ProSense
Feb 2013
OP
NYC_SKP
(68,644 posts)1. "As a nation, we can’t keep lurching from one manufactured crisis to another"
K/R
ProSense
(116,464 posts)2. Kick! n/t
Scurrilous
(38,687 posts)3. Thanks.
ProSense
(116,464 posts)4. Reid voted no so this will likely come up for a vote again. n/t
K&R!
ProSense
(116,464 posts)6. Kick! n/t