D
DdawgThis tangled tale needs to be unravelled.
The latest Washington crisis is the impending budget cuts called "sequester." The sequester cuts to the federal budget that take effect March 1st (this Friday).
Where did the sequester come from? The sequester is the result of the BCA - or Budget Control Act of 2011 - the 2011 debt ceiling compromise. The sequester was intended to be such a distasteful budget cutting pill that the Joint Select Committee on Deficit Reduction ( the âSupercommitteeâ) would be motivated to strike a deal to cut $1.5 trillion over 10 years.
Surprise - the Washington politicians have not reached agreement. The sequester cuts are coming (maybe - pending a last minute deal). How bad will it hurt? It depends on who you talk to. But, sequester orders that $85 billion in federal spending be cut from the affected agencies in the fiscal year that ends in Sept. 2013. Experts predict about $44 billion will be cut in fiscal year 2013. The remaining $41 billion in cuts will be carried over.
So - who started this whole sequester ball rolling? In the 2nd Presidential debate (Oct. 22, 2012) Barack Obama said: "The sequester is not something that I've proposed, it is something that Congress has proposed." Really?
Well - 2 days later Obama's Chief of Staff Jack Lew said: "There was an insistence on the part of the Republicans in Congress for there to be some automatic trigger ... it was very much rooted in the Republican congressional insistence that there be an automatic measure." Really?
Bob Woodward (No Republican shill. Remember Watergate?) wrote: "The president and Lew had this wrong. My extensive reporting for my book "The Price of Politics" shows that the automatic cuts were initiated by the White House and were the brainchild of Lew and White House congressional relations chief Rob Nabors ... "
Woodward continued: "Obama personally approved of the plan for Lew and Nabors to propose the sequester to Senate Majority Leader Harry Reid (S-Nev). They did so at 2:30 pm, July 27, 2011 according to interviews with two senior White House aides who were directly involved."
Bob Woodward: "Nabors has told others that they checked with the president before going to see Reid. A mandatory sequester was the only action-forcing mechanism th ey could devise. Nabors has said, âWe didnât actually think it would be that hard to convince themâ â Reid and the Republicans â to adopt the sequester. âIt really was the only thing we had. There was not a lot of other options left on the table.â
Then, on Feb. 13, 2013 in a Senate Finance Committee hearing on Jack Lew's to nomination to become Treasury Secretary, Sen. Richard Burr (R-NC) asked Lew: "Woodward credits you with originating the plan for sequestration. Was he right or wrong?â
Lew responds: âItâs a little more complicated than that, and even in his account, it was a little more complicated than that. We were in a negotiation where the failure would have meant the default of the government of the United States.â
Sen. Burr asked again: âDid you make the suggestion?â
Lew answers: âWell, what I did was said that with all other options closed, we needed to look for an option where we could agree on how to resolve our differences. And we went back to the 1984 plan that Senator [Phil] Gramm and Senator [Warren] Rudman worked on and said that that would be a basis for having a consequence that would be so unacceptable to everyone that we would be able to get action.â
Bob Woodward breaks down the above answer: "In other words, yes."
Later that same day, Jay Carney, the White House Press Secretary said: âThe sequester was something that was discussed,â (Walking back the earlier statements, he added carefully) âand as has been reported, it was an idea that the White House put forward.â
Note - Jay Carney said: "sequester .... an idea the White House put forward."
Bob Woodward wrote: "This was an acknowledgment that the president and Lew had been wrong."
There ya have it. Sequester originated in the White House, created by then White House Chief of Staff Jack Lew and White House congressional relations chief Rob Nabors, they presented it to Pres. Barack Obama, and he personally approved it.
The latest Washington crisis is the impending budget cuts called "sequester." The sequester cuts to the federal budget that take effect March 1st (this Friday).
Where did the sequester come from? The sequester is the result of the BCA - or Budget Control Act of 2011 - the 2011 debt ceiling compromise. The sequester was intended to be such a distasteful budget cutting pill that the Joint Select Committee on Deficit Reduction ( the âSupercommitteeâ) would be motivated to strike a deal to cut $1.5 trillion over 10 years.
Surprise - the Washington politicians have not reached agreement. The sequester cuts are coming (maybe - pending a last minute deal). How bad will it hurt? It depends on who you talk to. But, sequester orders that $85 billion in federal spending be cut from the affected agencies in the fiscal year that ends in Sept. 2013. Experts predict about $44 billion will be cut in fiscal year 2013. The remaining $41 billion in cuts will be carried over.
So - who started this whole sequester ball rolling? In the 2nd Presidential debate (Oct. 22, 2012) Barack Obama said: "The sequester is not something that I've proposed, it is something that Congress has proposed." Really?
Well - 2 days later Obama's Chief of Staff Jack Lew said: "There was an insistence on the part of the Republicans in Congress for there to be some automatic trigger ... it was very much rooted in the Republican congressional insistence that there be an automatic measure." Really?
Bob Woodward (No Republican shill. Remember Watergate?) wrote: "The president and Lew had this wrong. My extensive reporting for my book "The Price of Politics" shows that the automatic cuts were initiated by the White House and were the brainchild of Lew and White House congressional relations chief Rob Nabors ... "
Woodward continued: "Obama personally approved of the plan for Lew and Nabors to propose the sequester to Senate Majority Leader Harry Reid (S-Nev). They did so at 2:30 pm, July 27, 2011 according to interviews with two senior White House aides who were directly involved."
Bob Woodward: "Nabors has told others that they checked with the president before going to see Reid. A mandatory sequester was the only action-forcing mechanism th ey could devise. Nabors has said, âWe didnât actually think it would be that hard to convince themâ â Reid and the Republicans â to adopt the sequester. âIt really was the only thing we had. There was not a lot of other options left on the table.â
Then, on Feb. 13, 2013 in a Senate Finance Committee hearing on Jack Lew's to nomination to become Treasury Secretary, Sen. Richard Burr (R-NC) asked Lew: "Woodward credits you with originating the plan for sequestration. Was he right or wrong?â
Lew responds: âItâs a little more complicated than that, and even in his account, it was a little more complicated than that. We were in a negotiation where the failure would have meant the default of the government of the United States.â
Sen. Burr asked again: âDid you make the suggestion?â
Lew answers: âWell, what I did was said that with all other options closed, we needed to look for an option where we could agree on how to resolve our differences. And we went back to the 1984 plan that Senator [Phil] Gramm and Senator [Warren] Rudman worked on and said that that would be a basis for having a consequence that would be so unacceptable to everyone that we would be able to get action.â
Bob Woodward breaks down the above answer: "In other words, yes."
Later that same day, Jay Carney, the White House Press Secretary said: âThe sequester was something that was discussed,â (Walking back the earlier statements, he added carefully) âand as has been reported, it was an idea that the White House put forward.â
Note - Jay Carney said: "sequester .... an idea the White House put forward."
Bob Woodward wrote: "This was an acknowledgment that the president and Lew had been wrong."
There ya have it. Sequester originated in the White House, created by then White House Chief of Staff Jack Lew and White House congressional relations chief Rob Nabors, they presented it to Pres. Barack Obama, and he personally approved it.

