Politico Pro - D.C. Caught Off Guard By Obama Sequester Vow (Posted on 10/23/12 at 11:13 am)
Politico Pro October 23, 2012
D.C. Caught Off Guard By Obama Sequester Vow By Philip Ewing
President Barack Obama startled Washington during Monday night's foreign policy debate when he said billions in automatic Pentagon cuts “will not happen" — a line that could weaken his bargaining power during an epic spending and tax fight expected when Congress returns.
Obama was responding to criticism from Republican rival Mitt Romney that American national security is at risk if the defense cuts are triggered in early January.
"First of all, the sequester is not something I proposed, it's something that Congress proposed," Obama said. "It will not happen."
Bard LA-Monroe Fan BR Member since Oct 2008 14345 posts
re: Politico Pro - D.C. Caught Off Guard By Obama Sequester Vow (Posted on 10/23/12 at 11:17 am to Wolfhound45)
I heard that last night and damned near crapped myself. No one is a fan of sequestration but people are even less fans of continued unhindered spending. He may as well have said he was going to save the economy by introducing another, bigger stimulus as well as another round of quantitative easing.