Once Unthinkable, Severe Spending Cuts Now Seem Plausible
January 24, 2013
Republicans and Democrats in the Senate appear to be coming to the same conclusion on spending, namely that once unthinkable, draconian cuts designed to force a more reasonable compromise may be much harder to undo than anyone ever imagined.
For Republicans, the automatic, across-the-board spending cuts are an increasingly palatable option among deficit hounds, even if it means opposing their party's defense hawks, who staunchly oppose the deep cuts to military spending.
Democrats, on the other hand, would prefer to replace some of the spending cuts with new revenues -- an approach that is a nonstarter with Republicans. And Democrats refuse to entertain the Republican preference of replacing the military decreases with cuts to other programs.
In just another sign of how deeply divided Washington is, the so-called sequester, which was designed to be so bad that neither side would let it take effect, could very well end up becoming the law of the land.