At first, sequestration was thought of as such a bitter pill that politicians on both sides of the aisle would have no choice but to reach a compromise. No such luck for those who will be affected by sequester, though if normal folks are on that list, it doesn’t appear to be getting in their way too much. White House economic adviser Gene Sperling noted that he expects Republicans to bow to pressure from their constituents eventually. Why an economic adviser wants to reverse the spending cuts is anyone’s guess – any responsible politician or economist should be able to see fairly clearly that the country has a serious spending problem.
Nonetheless, that’s what Sperling appears to be hoping for, and he notes, "My belief is that as this pain starts to gradually spread to communities affected by military spending, to children who need mental health services, to people who care about our border security, I believe that more Republican colleagues who are concerned about this harm to their constituents will choose bipartisan compromise on revenue raising tax reform with serious entitlement reform."
That may be, and the president has already noted that he’s willing to give on the issue of entitlements, which are so out of control that they’ll be bankrupt soon if something isn’t done to stop the hemorrhaging. House Speaker John Boehner noted that more taxes were going to remain a no-go, thus making it seem inevitable that sequestration will continue. Noted Boehner on the issue of taxes, "The president got $650 billion of higher taxes on the American people on January the first. How much more does he want?" The answer to that question, now and forever, appears to be: MORE.
Nonetheless, that’s what Sperling appears to be hoping for, and he notes, "My belief is that as this pain starts to gradually spread to communities affected by military spending, to children who need mental health services, to people who care about our border security, I believe that more Republican colleagues who are concerned about this harm to their constituents will choose bipartisan compromise on revenue raising tax reform with serious entitlement reform."
That may be, and the president has already noted that he’s willing to give on the issue of entitlements, which are so out of control that they’ll be bankrupt soon if something isn’t done to stop the hemorrhaging. House Speaker John Boehner noted that more taxes were going to remain a no-go, thus making it seem inevitable that sequestration will continue. Noted Boehner on the issue of taxes, "The president got $650 billion of higher taxes on the American people on January the first. How much more does he want?" The answer to that question, now and forever, appears to be: MORE.
