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Obama Fails to Lead on Sequester; Mum on House Dem's Bill The Hill Even as President Obama draws fire from Republicans over looming sequester cuts, the White House has so far refrained from endorsing the Democrats' plan to avoid them. Although Obama has proposed a 10-year budget plan to stave off the automatic cuts to defense and domestic spending scheduled to hit in 2013, the administration has not formally championed the one-year fix pushed by House Democrats this week as an alternative to the Republicans' proposals. Rep. Chris Van Hollen, the sponsor of the Democrats' alternative, said Friday that his bill incorporates many of the same ideas contained in Obama's longer-term proposal. Those include provisions to end oil and gas subsidies, eliminate direct payments to farmers and adopt the so-called Buffett Rule, which is designed to ensure that wealthy Americans don't pay a lower tax rate than those who earn much less. But the Maryland Democrat conceded that the White House has not signed off on his plan... Enacted last August as part of the bipartisan deal to raise the debt ceiling, the sequester consists of roughly $1.1 trillion in automatic cuts split between defense and discretionary domestic spending over the next decade... On Friday, the White House released a report warning that the “indiscriminate” process would cut 9.4 percent of the defense budget, slash domestic programs across-the-board by 8 percent and cut 2 percent from Medicare coffers. Republican opposition to the Democrats' proposal for a clean debt-ceiling hike led to the inclusion of the sequester. But GOP leaders are blaming Obama for the looming cuts -- and Friday's report gave them new reason to attack. "This report confirms that the president’s ‘sequester’ is a serious threat to our national security and must be replaced," House Speaker John Boehner (R-Ohio) said in a statement. "It is neither credible nor conscionable that our Commander-in-Chief would point to his budget -- which received zero votes in both the House and Senate -- as a legitimate plan to stop these dangerous defense cuts.” On Thursday, House Republicans passed legislation requiring the White House to outline a plan to avoid the sequester cuts. Under the GOP bill, Obama would have until Oct. 15 to submit those details, though the bill is likely going nowhere in the Senate. The Democrats’ proposal didn't get nearly so far. It was shot down in the House Rules Committee a day earlier... The White House did not respond to a request for comment on the Van Hollen bill. READ FULL SOURCE ARTICLE The BasicsProject.org informational and educational pamphlet series is now available for Kindle and iPad. Click here to find out more... The New Media Journal and BasicsProject.org are not funded by outside sources. We exist exclusively on tax deductible donations from our readers and contributors. Please make a tax deductible donation today. The BasicsProject.org informational and educational pamphlet series is now available for Kindle and iPad. Click here to find out more... The New Media Journal and BasicsProject.org are not funded by outside sources. We exist exclusively on tax deductible donations from our readers and contributors. Please make a tax deductible donation today.
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