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Automatic US Budget Cuts to Begin Friday

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Members of Congress Unable to Forestall Automatic Spending Cuts

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Michael Bowman

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by: Jacob from: United States
March 03, 2013 8:30 PM
Next we cut 8 trillion dollars. Then we can get this Greece-bound nation on the right track. Otherwise, I am moving to Canada and then to Russia/China.

Debtor nations can't sustain themselves on more debt. Keynesian nonsense doesn't create wealth.


by: dwight from: dc
March 01, 2013 12:02 AM
christopher: what a retarded post. the key to "wealth" is a free economy which lets people live how they want, and buy and trade what they. want. taking people's property (aka taxes) does not "create wealth". people like you need to learn to mind your own business and stop interfering with other people's lives in an attempt to better your own.


by: Done Deal from: USA
February 28, 2013 10:25 PM
While one side blames the other, why are not the Global Elites who PLANNED all of this questioned???? The Rockefellers, The Bilderbergs, The Clintons......................The Global Elites. IT WAS ALL PLANNED! Wake up to the FACTS.


by: Planned from: USA
February 28, 2013 10:18 PM
Wake up people! This was all PLANNED by the Regime, so that the rank&file will have to lay down like lambs to the Regime. "The Regime will protect you, the Regime will protect you", their next plan is to microchip all people by 2017, a plan in force by the Global Elites, The Rockefellers, The Clintons, and the Bilderbergs..... the Elites.....Eugenics is their plan too. Wake up to reality.


by: hewhoasks from: Wisconsin
February 28, 2013 7:15 PM
One rejected, one filibustered.


by: Davis K. Thanjan from: New York
February 28, 2013 6:56 PM
The Republican proposal, to give power to the discretion of the President to budget cuts as per the sequestration requirements, was defeated. The Democratic proposal tried to mix the sequestion budget cuts with tax hikes, mixing oranges and apples, also failed. Both were defeated and it is a win for the public but not to the politicians or the President. The sequestration budget cuts should involve salary cut of the members of the Congress, Senate and the President, President's discretionary spending and stop the overseas financial and military assistance to countries like Egypt and Pakistan.


by: Christopher Tracy
February 28, 2013 6:50 PM
For a party that claims to be business-friendly, the GOP has no clue on how to create wealth. Rich people get that way by watching expenses and making wise investments. No one cuts their way to prosperity. One must invest. According to the GOP, there's no such thing as a wise government investment).

Why are Democrats sounding so logical and fiscally sophisticated? Maybe it has to do with the fact they are the only party in 50 years to have created a budget surplus (Clinton 1999 for you skeptics). Or maybe it's all relative. Compared to this crop of Republicans, anybody who knows math is a financial wizard.

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