Lawmakers Still Hope For Compromise After Across-The-Board Cuts Take Effect
United States lawmakers have known the threat of sequestration loomed since President Obama signed the Budget Control Act of 2011 into law. Still, on Friday night they had yet to come to compromise on how to avoid the across the board cuts, and the President signed the order that set sequestration into effect.
Still, lawmakers plan to head back to Washington, D.C. in hopes of coming to a solution together.
The impact of the cuts aren’t expected to be felt until the end of March. They hope to come to a solution before then.
While attempts to work through the debate over spending cuts versus tax increases have only yielded temporary solutions up until now, they hope to ease the pain of the hundreds of thousands of Americans who will be impacted by the cuts.
“I’m hopeful we won’t have t deal with a threat of government shutdown while we’re dealing with the sequester at the same time. The House will act next week and I hope the Senate will follow suit,” said Speaker of the House John Boehner.
Republicans have a plan to put forward a bill that would keep the government funded through the end of the fiscal year, and give the Pentagon more power in determining where the cuts will be made.
Much like Congressional Democrats, and Chair of the Madison County Democratic Party, Clete Wetli, is wary of the bill. They are concerned it does not do enough to help people impacted by the cuts in funding to non-military government programs.
“I’m not sure it’s a good idea,” said Wetli. “What they really need to do is come to the table and put aside partisan ideological differences, and come up with a balanced approach.”
According to CBS News, the National debt stand at 16.7 trillion dollars and counting.