CAPITOL HILL [updated 12:40 with Feinstein, Inouye remarks and results of amendment vote]: Sequestration drama roiled an otherwise pro forma mark-up of the Senate’s defense appropriations bill this morning, with a precious flicker of bipartisanship over the need to avert the sequester soon overtaken by disagreement over the legalities of layoff notices. If the automatic […]
WASHINGTON [updated 4:30 pm]: At an Aerospace Industries Association event to roll out a new report estimating that sequestration would cost the country more than two million jobs in 2013 — one million from Defense cuts, as previously reported, plus another million from cuts to non-defense agencies — Republican Senator Kelly Ayotte and Democrat Sen. […]
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WASHINGTON: If Republicans don’t agree to a “balanced” deal that raises revenues, Democrats are willing to let sequestration strike on Jan. 2nd — and the Bush tax cuts expire on Dec. 31st — Sen. Patty Murray said this afternoon in a major escalation of Congress’s ongoing game of chicken. “If we can’t get … a […]
WASHINGTON: As jetlagged aerospace executives and defense reporters head home from a frankly discouraging Farnborough Air Show, Washington is gearing up for storm of stop-sequestration events this coming week. What it will actually accomplish is an open question. Sequestration has hardly been a quiet topic this past week, with a pointed, partisan, and unproductive exchange […]