U.S. Senate fails to stop spending cuts from triggering

There is little optimism in Washington that $85 billion in spending cuts will be averted, but the worst impacts aren't expected for several weeks, since federal workers have to receive official notice that they may be furloughed
by Chris Casteel Published: March 1, 2013
Advertisement
;

The Senate killed competing bills on Thursday intended to alter the across-the-board cuts set to be triggered on Friday, including one by Sen. Jim Inhofe that would have given the Obama administration more discretion in how reductions are made.

Both bills fell well short of the votes needed to advance beyond procedural hurdles. A Democratic bill that would have used tax hikes on the wealthy and cuts to farm subsidies to replace this year's automatic cuts won a majority, but needed 60 votes to advance. Inhofe's bill drew only 38 votes, as even some Republicans voted against it.

The cuts are scheduled to take effect late Friday, and there was little optimism on either side that they could be averted. President Barack Obama and congressional leaders are scheduled to meet Friday at the White House, but the partisan divide over spending and taxes is expected to remain.

Obama released a statement Thursday criticizing Republicans for not backing the Democratic proposal that included tax hikes. He said he would discuss the next steps Friday with congressional leaders.

“As a nation, we can't keep lurching from one manufactured crisis to another,” he said. “Middle-class families can't keep paying the price for dysfunction in Washington. We can build on the over $2.5 trillion in deficit reduction we've already achieved, but doing so will require Republicans to compromise.”

Though the Pentagon and some agencies have warned of widespread furloughs, those aren't likely to occur for several weeks, so the real impact of the so-called sequester won't be immediately noticeable. The cuts are the result of the 2011 debt ceiling deal that required $1.2 trillion in spending reductions over 10 years.

Social Security, Medicare, Medicaid and food stamps are mostly exempt from the cuts.

White House spokesman Jay Carney said Thursday that the spending cuts will have “a rolling impact, an effect that will build and build and build.”


by Chris Casteel
Washington Bureau
Chris Casteel began working for The Oklahoman's Norman bureau in 1982 while a student at the University of Oklahoma. After covering the police beat, federal courts and the state Legislature in Oklahoma City, he moved to Washington in 1990, where...
+ show more


Trending Now


AROUND THE WEB

  1. 1
    Sooners No. 3 in preseason Amway Coaches Poll
  2. 2
    If OU, OSU football had scratch and sniff tickets what would they smell like?
  3. 3
    Former OSU guard Marcus Smart: 'I can finally take a breath'
  4. 4
    Report: Lester to A's, Cespedes to Red Sox
  5. 5
    Liberian Official: Ebola Outbreak ‘Is Above The Control Of The National Government’
+ show more