House GOP Budget to Avoid Sequester of Defense Funds
March 15, 2012
House Republicans are planning to pull the defense-spending cuts mandated by sequestration off the table in their version of the budget expected to be released next week, according to two Hill aides.
President Obama and Defense Secretary Leon Panetta have stated they want defense spending to be part of a larger budget deal on taxes and spending. The sequester mandates that both defense and discretionary spending will take a hit beginning next January. Defense spending would account for $600 billion of all mandated cuts over 10 years.
Some Republicans not wanting to flirt with national security have said they want to keep defense out of the negotiations surrounding the sequester, which are expected to last until after the November elections. Panetta has stated any further cuts could be “devastating,” but has insisted Congress should negotiate on taxes and spending in a comprehensive way without pulling defense.