Levin: Senate Dems Likely to Offer Sequester-Avoiding Plan
February 8, 2013
On the heels of a two-day policy retreat on the Maryland shore, a senior U.S. Senate Democrat says members of his party will craft a plan to avert pending Pentagon spending cuts.
“I think Senate Democrats will offer a plan on the sequester,” Senate Armed Services Committee Chairman Carl Levin, D-Mich., told reporters Feb. 7.
Before the Feb. 4-5 Senate Democratic retreat in Annapolis, Sen. Barbara Boxer, D-Calif., told Defense News that party members would discuss a sequester-avoiding bill during the event.
Levin said he intends to push his Democratic colleagues to include in the measure his plan to close tax loopholes that allow major corporations to house funds outside the United States to avoid paying taxes on some profits.