Full Text Obama Presidency February 26, 2013: President Barack Obama’s Statement on the Confirmation of Chuck Hagel as Secretary of Defense

POLITICAL BUZZ


OBAMA PRESIDENCY & THE 113TH CONGRESS:

Statement from the President on the Confirmation of Chuck Hagel as Secretary of Defense

Source: WH, 2-26-13

With the bipartisan confirmation of Chuck Hagel as our next Secretary of Defense, we will have the defense secretary our nation needs and the leader our troops deserve.  From the moment he volunteered for military service in Vietnam, Chuck has devoted his life to keeping America secure and our armed forces strong.  An American patriot who fought and bled for our country, he understands our sacred obligations to our service members, military families and veterans.

I will be counting on Chuck’s judgment and counsel as we end the war in Afghanistan, bring our troops home, stay ready to meet the threats of our time and keep our military the finest fighting force in the world.  Most of all, I am grateful to Chuck for reminding us that when it comes to our national defense, we are not Democrats or Republicans, we are Americans, and our greatest responsibility is the security of the American people.

Political Headlines February 26, 2013: Senate Confirms Chuck Hagel as Defense Secretary with Vote of 58-41

POLITICAL HEADLINES

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OBAMA PRESIDENCY & THE 113TH CONGRESS:

THE HEADLINES….

Senate Confirms Hagel as Defense Secretary

Source: WSJ, 2-26-13

The Senate on Tuesday confirmed Chuck Hagel as the nation’s next defense secretary largely along party lines, after several Republicans earlier in the day ended their effort to stop a vote on the former senator….READ MORE

Political Headlines February 26, 2013: Speaker John Boehner Pressures Senate Democrats on Bill to Avert the Sequester

POLITICAL HEADLINES

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OBAMA PRESIDENCY & THE 113TH CONGRESS:

THE HEADLINES….

Boehner Pressures Democrats to Get ‘Off Their…’

Source: ABC News Radio, 2-26-13

Alex Wong/Getty Images

House Speaker John Boehner used some choice words to pressure Senate Democrats to avert the looming sequester — $85 billion of arbitrary across-the-board cuts — insisting that “the House has done its job” and the President’s party.

“We have moved the bill in the House twice,” Boehner, R-Ohio, said. “We should not have to move a third bill before the Senate gets off their a** and begins to do something.”…READ MORE

Full Text Political Headlines February 26, 2013: Senate Minority Leader Mitch McConnell’s Remarks on the Senate Floor on the Sequester — Smarter Cuts, Not Tax Hikes

POLITICAL HEADLINES

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OBAMA PRESIDENCY & THE 113TH CONGRESS:

THE HEADLINES….

Smarter Cuts, Not Tax Hikes

Source: McConnell.Senate.gov, 2-26-13

“I’d like to say a word about the sequester.

“The President’s top aides proposed the sequester as a way of helping the White House avoid a debt-limit debate during last-year’s campaign.

“In essence, the deal we struck was that, in exchange for avoiding a second vote before the election, the debt limit would be paired with spending cuts only, and would not involve a tax increase.

“The President had more than a year and a half to revisit his proposal and work with us to prevent it. He obviously thought his time and energies would be better spent elsewhere.

“In fact, I note that today he’s off campaigning again in Virginia instead of working with us to resolve the issue.

“So here we are.

“The President’s been running around acting like the world’s going to end because Congress might actually follow through on an idea he proposed and signed into law – all the while pretending he’s somehow powerless to stop it.

“Well, it’s time to put the record straight. And as someone who was personally involved in the 2011 budget talks, I think I’m uniquely qualified to do it.

“On the question of who came up with the idea in the first place, it originated, as I just noted, in the White House. I was less than 100 yards from this very spot when Vice President Biden called me at my desk to lay it out. He explained the sequester in exquisite detail, and then, as has been reported, the administration stubbornly stuck by those details throughout the negotiations, refusing any effort by Republicans to adjust its design in any way.

“More important than who came up with the idea of the sequester, however, is the fact that the bipartisan agreement that included it and that brought us to this point envisioned $2.1 trillion in spending cuts. Let me say that again: Democrats and Republicans agreed to $2.1 trillion in cuts as part of the 2011 Budget Control Act.

“So we can all go back and talk about what might have been, or what the President wanted or now wants. But let’s be clear about the facts.

“Those cuts were to come in two steps.

“First, through an immediate $900 billion spending reduction in the form of budget caps, and then by an additional $1.2 trillion in cut to be achieved one of two ways: either by the so-called Supercommittee or, if that failed, through the President’s sequester proposal – meaning automatic spending cuts to domestic and defense programs.

“And while the President tried repeatedly to make tax hikes a part of the backup plan, he ultimately gave up on that in exchange for avoiding a second vote on the debt limit before the election. The President made a deliberate decision, in other words, to give up on getting any tax hikes – or revenue enhancements, or whatever the White House wants to call it – as part of the negotiations over the sequester mechanism.

“He made the calculation that avoiding a second vote on the debt limit before the election was more important. So any effort to bring taxes into the picture now is just a ploy to move the goal posts, as the primary chronicler of this whole episode, Bob Woodward, has noted.

“Of course, the White House has tried to refute these historical facts, but it hasn’t gotten anywhere.

“As the Chairman of the Finance Committee helpfully reminded us last week, ‘The President is part of the sequester’ because ‘the White House recommended it … and so now we’re feeling the effects of it.’

“So it’s time for the administration to at least accept reality so we can all move forward and focus on what the White House is actually doing right now. It’s asking the American people for permission to break its own word on spending.

“We reached an agreement to cut $2.1 trillion in government spending over 10 years, and we intend to keep our word.

“Should these cuts be implemented in a smarter way? Absolutely. But the President and his cabinet secretaries had a year and a half to think about that. They can’t just show up now at the last minute and expect the American people to bail them out of their own lack of responsibility.

“We can either secure those reductions more intelligently, or we can do it the President’s way with across-the board cuts. But one thing Americans simply will not accept is another tax increase to replace spending reductions we already agreed to.

“It was my hope that the Supercommittee would have succeeded. The Senators I appointed took that assignment very seriously. They put real skin in the game, because they wanted it to work. They didn’t like the sequester idea. And had the President engaged in a serious and supportive way at that time, the Supercommittee may very well have succeeded. He chose to campaign, and I’d argue, undermine the process instead.

“But even after the Supercommittee failed, Republicans continued to work to find another way to achieve these cuts. We repeatedly called for replacing the sequester with smarter cuts, rather than tax hikes, according to the original pact. House Republicans passed two bills to do just that. But again, instead of engaging with us, the President just set up more roadblocks.

“For more than a year, he resisted and dismissed every Republican attempt at a compromise. He refused to offer any kind of reasonable alternative, and he even threatened to veto other proposals aimed at averting the sequester. And now, here we are, with the President presenting the country with two options: Armageddon or a tax hike.

“Well, it’s a false choice, and he knows it. But then, the President’s a master at creating the impression of chaos as an excuse for government action. Do nothing. Fan the flames of catastrophe. Then claim the only way out is more government, in the form of higher taxes.

“Look: the choice we face isn’t between the sequester and tax hikes. Remember, we’re only talking about cutting 2 to 3 percent of the budget. Any business owner or middle-class parent will tell you it’s completely ridiculous to think Washington can’t find a better way to cut 2 to 3 percent of the federal budget at a time when we’re $16 trillion in debt.

“Every single working American had to figure out how to make ends meet with 2 percent less in their paychecks last month when the payroll tax holiday expired. Are you telling me Washington can’t do the same? It’s absurd.

“There’s no reason in the world these cuts need to fall on essential services or emergency responders. After all, even with the sequester, Washington will be spending more than when President Obama got here. We’re only talking about cutting a tenth of what the President spent on the stimulus bill.

“Enough.

“Step one in this process of getting to a serious solution is to end the White House’s denial of historical reality. We’re starting to get there, slowly but surely.

“More important, though, is the next step: that’s when the President and his Democrat allies actually come to the table and negotiate in a serious way, without gimmicks and without games on how best to reduce Washington spending. So let’s please shelve the tax hikes and the endless campaigning.

“Finally, I think there’s an even larger point to be made here. The President’s been going around warning of utter chaos if the sequester takes effect. And while I agree that those cuts could be made in a smarter way, and don’t like the fact that they fall disproportionately on defense, what does it say about the size of government that we can’t cut it by 2 to 3 percent without inviting disaster? Doesn’t that make our point? Hasn’t government gotten too big if just cutting the overall budget by a couple percentage points could have that kind of impact?

“Personally, I don’t believe the world will end if the President’s sequester takes effect. But our country would be much better served if the Democrats who run Washington would get off the campaign trail and work with us to trim the budget in a more rational way.

“Americans are tired of the manufactured crises. I know my constituents in Kentucky are. They’re just tired of it. They want us to work together, and Republicans are ready to do just that.”

Full Text Obama Presidency February 26, 2013: President Barack Obama’s Speech on the Impact of the Sequester & Defense Spending Cuts in Newport News, Virginia

POLITICAL BUZZ

OBAMA PRESIDENCY & THE 113TH CONGRESS:

President Obama Calls for a Responsible Approach to Deficit Reduction

Source: WH, 2-26-13

President Barack Obama at Newport News Shipbuilding in Newport News, Va., Feb. 26, 2013President Barack Obama delivers remarks to highlight the devastating impact the sequester will have on jobs and middle class families, at Newport News Shipbuilding in Newport News, Va., Feb. 26, 2013. (Official White House Photo by Chuck Kennedy)

Remarks by the President on the Impact of the Sequester – Newport News, VA

Source: WH, 2-26-13 

Newport News Shipbuilding
Newport News, Virginia

1:23 P.M. EST

THE PRESIDENT:  Hello, Newport News!  (Applause.)  Well, it is good to see all of you here today.

I want to thank your CEO, Mike Petters, for showing me around.  I usually don’t get a chance to hang out with nuclear submarines, especially submarines that my wife has sponsored.  (Applause.)  So right there, that was worth the trip.

But most importantly, it’s a great chance to see the incredible men and women who, every single day, are helping to keep America safe and are just the bedrock of this country’s manufacturing base.  Thank you to all of you.  (Applause.)

I want to thank our outstanding Secretary of the Navy, Ray Mabus, who’s here.  (Applause.)  There he is right there — the good-looking guy over at the end.  (Laughter.)  I want to thank your Mayor, McKinley Price, who served this nation bravely in the U.S. Army.  (Applause.)  I want to thank two outstanding Congressmen who care about this facility, care about Virginia and care about the country — Congressman Bobby Scott is here — (applause) — and Congressman Scott Rigell is here as well.  (Applause.)

Now, the reason I came here today, in addition to seeing just some incredible stuff — it’s true, every time I come to these places, I don’t know how you all do it.  It is just amazing work.  But the main reason I’m here is to call attention to the important work that you’re doing on behalf of the nation’s defense, and to let the American people know that this work, along with hundreds of thousands of jobs, are currently in jeopardy because of politics in Washington.

In a few days, Congress might allow a series of immediate, painful, arbitrary budget cuts to take place — known in Washington as the sequester.  Now, that’s a pretty bad name — sequester.  But the effects are even worse than the name.  Instead of cutting out the government spending we don’t need — wasteful programs that don’t work, special interest tax loopholes and tax breaks — what the sequester does is it uses a meat cleaver approach to gut critical investments in things like education and national security and lifesaving medical research.

And the impact of this policy won’t be felt overnight, but it will be real.  The sequester will weaken America’s economic recovery.  It will weaken our military readiness.  And it will weaken the basic services that the American people depend on every single day.

Already, the uncertainty around these cuts is having an effect.  Companies are starting to prepare for layoff notices.  Families are preparing to cut back on expenses.  And the longer these cuts are in place, the greater the damage.

So here at Newport News Shipbuilding, you guys have made an enormous investment, because we’ve said in order to maintain the finest Navy that the world has ever known we’ve got to make sure that there is an orderly process whereby we are continually upgrading our ships, building new ships, maintaining our ships properly.  And these are some big ships.  So it’s expensive, and it’s complicated.  And you’ve got 5,000 suppliers all across the country, and you’ve got to have some certainty and some knowledge about how things are going to proceed over the long term for Mike and others to plan properly.

So you’re rightly concerned.  Mike is properly concerned about the impact that these cuts will have on not just this company, but companies and small businesses from all 50 states that supply you with parts and equipment.

Mike was telling me that you guys have already made a billion dollars’ worth of capital investment.  You’ve got half a billion dollars in training costs as you recruit and hire new people.  Well, those aren’t commitments that you make lightly.  You’ve got to have the capacity to plan and have some certainty in terms of what it is that we’re going to be doing.  And you know that if Congress can’t get together and plan our nation’s finances for the long term, that over time some of your jobs and businesses could be at risk.

Over at the Norfolk Naval Station, the threat of these cuts has already forced the Navy to cancel the deployment, or delay the repair of certain aircraft carriers.  One that’s currently being built might not get finished.  Another carrier might not get started at all.  And that hurts your bottom line.  That hurts this community.

Because of these automatic cuts, about 90,000 Virginians who work for the Department of Defense would be forced to take unpaid leave from their jobs.  So that’s money out of their pockets, money out of their paychecks.  And then that means there’s going to be a ripple effect on thousands of other jobs and businesses and services throughout the Commonwealth, because if they don’t have money in their pockets or less money in their pockets, that means they’re less able to afford to buy goods and services from other businesses.  So it’s not just restricted to the defense industry.

All told, the sequester could cost tens of thousands of jobs right here in Virginia.  But it doesn’t just stop there.  If the sequester goes into effect, more than 2,000 college students would lose their financial aid.  Early education like Head Start and Early Start would be eliminated for nearly 1,000 children, and around 18,000 fewer Virginians would get the skills and training they need to find a job.

Across the country, these cuts will force federal prosecutors to close cases and potentially let criminals go.  Air traffic controllers and airport security will see cutbacks, and that could cause delays at airports across the country.  Tens of thousands of parents will have to scramble to find child care for their kids.  Hundreds of thousands of Americans will lose access to primary care and preventive care like flu vaccinations and cancer screenings, including more than 3,500 children right here in Virginia.

So these cuts are wrong.  They’re not smart.  They’re not fair.  They’re a self-inflicted wound that doesn’t have to happen.

Now, the reason that we’re even thinking about the sequester is because people are rightly concerned about the deficit and the debt.  But there is a sensible way of doing things and there is a dumb way of doing things.  I mean, think about your own family.  Let’s say that suddenly you’ve got a little less money coming in. Are you going to say, well, we’ll cut out college tuition for the kid, we’ll stop feeding the little guy over here, we won’t pay our car note even though that means we can’t get to work — that’s not what you do, right?

You step back and you say, what is it that’s important — our child’s education, making sure they’re healthy, making sure we can get to the job, keeping our house repaired?  And then you say, here are the things that aren’t so important and you cut those out.  You prioritize, and you make smart decisions.  Well, we should be doing the same thing.

Now, I’ve laid out a plan that details how we can pay down our deficit in a way that’s balanced and responsible.  We have the plan right on a website, the White House website.  Everybody can go see it.  It details exactly how we can cut programs that don’t work, how we can raise money by closing loopholes that are only serving a few, as opposed to the average American.

We detailed $930 billion in sensible spending cuts that we’re willing to make and $580 billion in wasteful tax loopholes and deductions that we’re willing to eliminate through tax reform.

And what I’ve said is if the Republicans in Congress don’t like every detail of my proposal, which I don’t expect them to, I’ve told them my door is open.  I am more than willing to negotiate.  I want to compromise.  There’s no reason why we can’t come together and find a sensible way to reduce the deficit over the long term without affecting vital services, without hurting families, without impacting outstanding facilities like this one and our national defense.  There’s a way of doing this.

And the fact is there are leaders in both parties throughout this country who want to do the same.  I’ve got to give Scott Rigell credit.  He is one of your Republican congressmen who’s with us here today — and that’s not always healthy for a Republican, being with me.  But the reason he’s doing it is because he knows it’s important to you.  And he’s asked his colleagues in the House to consider closing tax loopholes instead of letting these automatic cuts go through.  He’s concerned about the deficit, and he’s more than prepared to make some really tough cuts, but he wants to do it in a smart way.

Bobby Scott — same thing.  Some of the cuts we’ve proposed, Bobby might not think are perfect, but he knows that we’ve got to make some tough decisions.  He just wants to make sure that you aren’t the ones who are adversely impacted and that we’re sharing the sacrifice in bringing down our deficit; we’re not just dumping it on a few people and we’re not doing it in a dumb way.

Senators like John McCain have made similar statements to what Scott said.  Your Republican Governor along with other governors around the country have said they want Congress to stop the sequester, to stop these cuts.

But I just have to be honest with you.  There are too many Republicans in Congress right now who refuse to compromise even an inch when it comes to closing tax loopholes and special interest tax breaks.  And that’s what’s holding things up right now.

Keep in mind, nobody is asking them to raise income tax rates.  All we’re asking is to consider closing tax loopholes and deductions that the Speaker of the House, John Boehner, said he was willing to do just a few months ago.  He said there were a bunch of loopholes and deductions you could close.  He said you could raise $800 billion, a trillion dollars by closing loopholes.

Well, we’re not even asking for that much.  All we’re asking is that they close loopholes for the well-off and the well-connected — for hedge fund managers, or oil companies, or corporate jet owners who are all doing very well and don’t need these tax loopholes — so we can avoid laying off workers, or kicking kids off Head Start, or reducing financial aid for college students.

I don’t think that’s too much to ask.  I do not think that is partisan.  (Applause.)  The majority of the American people agree with me.  The majority of Newport News agrees with me.  We need to get this done.  (Applause.)

But the choice is up to Congress.  Only Congress has the power to pass a law that stops these damaging cuts and replaces them with smart savings and tax reform.  And the second I get that bill on my desk, I will sign it into law.  But I’ve got to get Congress to pass it.

None of us will get 100 percent of what we want.  Democrats, they’ve got to make some tough choices too. Democrats like me, we’ve said we’re prepared to make some tough cuts and reforms, including to programs like Medicare.  But if we’re willing to compromise, then Republicans in the House have to compromise as well.  That’s what democracy is about.  That’s what this country needs right now.  (Applause.)

So let me just make one last point, by the way, for those of you who are following this.  Now, lately, some people have been saying, well, maybe we’ll just give the President some flexibility.  He could make the cuts the way he wants and that way it won’t be as damaging.  The problem is when you’re cutting $85 billion in seven months, which represents over a 10-percent cut in the defense budget in seven months, there’s no smart way to do that.  There’s no smart way to do that.  You don’t want to have to choose between, let’s see, do I close funding for the disabled kid, or the poor kid?  Do I close this Navy shipyard or some other one?  When you’re doing things in a way that’s not smart, you can’t gloss over the pain and the impact it’s going to have on the economy.

And the broader point is, Virginia, we can’t just cut our way to prosperity.  We can’t just cut our way to prosperity.  We can’t ask seniors and working families like yours to shoulder the entire burden of deficit reduction while asking nothing more from the wealthiest and the most powerful.  We’re not going to grow the middle class just by shifting the cost of health care or college onto families that are already struggling, or forcing communities to lay off more teachers or cops or firefighters or shipbuilders, and then folks who are doing really well don’t have to do anything more.  That’s not fair, and it’s not good for the economy.

And the other thing we’ve got to do is to stop having these crises manufactured every month.  It seems like — I know you guys must get tired of it.  (Applause.)  Didn’t we just solve this thing?  Now we’ve got another thing coming up?  (Applause.) I mean, think about if Mike Petters ran his business this way — once every month or two there would be some crisis, and you wouldn’t be sure whether or not you were working or not.  Even if it got solved eventually or ultimately, it would be pretty discouraging on people.  You would be less productive.  Ships wouldn’t get built as fast.  You would waste money because you don’t know exactly what to expect.  Folks aren’t sure, am I showing up to work today, or not?

If it’s not a good way to run a business, it’s sure not a good way to run a country.  (Applause.)

Now, all of you, the American people, you’ve worked too hard for too long rebuilding and digging our way out of the financial crisis back in 2007 and 2008 just to see Congress cause another one.  The greatest nation on Earth can’t keep on conducting its business drifting from one crisis to the next.

We’ve got to have a plan.  We’ve got to invest in our common future.  Our true north is a growing economy that creates good middle-class jobs; a country that provides its people with the skills they need to get those jobs and make sure that you’re getting paid a decent wage for working hard so you can support your families.  That’s what we should be focused on right now.  Not weakening the economy.  Not laying people off.  (Applause.)

That’s what we should be talking about in Washington.  And if you agree with me, I need you to make sure your voices are heard.  Let your leaders know what you expect of them.  Let them know what you believe.  Let them know that what this country was built on was a sense of obligation to not just each other but to future generations; that we’ve got to shoulder those obligations as one nation, and as one people.

I was in a conversation with some of the governors from across the country yesterday and I told them, I said, I’ve run my last election.  Michelle is very happy about that.  (Laughter.)  I’m not interested in spin; I’m not interested in playing a blame game.  At this point, all I’m interested in is just solving problems.  (Applause.)  All I’m interested in is making sure that when you get up early in the morning, and get to this ship at 5:30 in the morning, that you know if you do a good job and if you work hard and if you’re making sure that all the parts to this incredible ship that you’re building are where they need to be — if you’re doing what you do, then you can go home feeling satisfied, I did my job, I did my part, I can support my family, I can take pride in what I’ve done for this country.

That’s all I want.  I want us to be able to look back five years from now, 10 years from now, and say we took care of our business and we put an end to some of these games that maybe, I guess, are entertaining for some but are hurting too many people.

But in order for us to make that happen I’m going to need you.  The one thing about being President is, after four years you get pretty humble.  (Laughter.)  You’d think maybe you wouldn’t, but actually you become more humble.  You realize what you don’t know.  You realize all the mistakes you’ve made.  But you also realize you can’t do things by yourself.  That’s not how our system works.  You’ve got to have the help and the goodwill of Congress, and what that means is you’ve got to make sure that constituents of members of Congress are putting some pressure on them, making sure they’re doing the right thing, putting an end to some of these political games.

So I need you, Virginia, to keep up the pressure.  I need you to keep up the effort.  I need you to keep up the fight.  (Applause.)  If you do, Congress will listen.  If you stand up and speak out, Congress will listen.  And together, we will unleash our true potential, and we’ll remind the world just why it is the United States builds the greatest ships on Earth and is the greatest nation on Earth.  (Applause.)

Thank you.  God bless you.  God bless the United States of America.  (Applause.)

END
1:44 P.M. EST

Political Headlines February 26, 2013: Senate clears path for final vote on Chuck Hagel’s defense secretary nomination

POLITICAL HEADLINES

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OBAMA PRESIDENCY & THE 113TH CONGRESS:

THE HEADLINES….

Senate clears path for final vote on Hagel nomination

Source: WaPo, 2-26-13

Former senator Chuck Hagel’s (R-Neb.) bid to win confirmation as the next defense secretary cleared a major hurdle Tuesday, beating back a Republican effort to block his nomination almost two weeks after GOP senators launched a filibuster. Following a 71 to 27 vote, Hagel is now poised for a final confirmation vote later Tuesday or early Wednesday over Republican objections to his views on Middle East security….READ MORE

Full Text Political Headlines February 26, 2013: Speaker John Boehner’s Press Conference on the Sequester — President Obama Using Military as a Campaign Prop to Demand Tax Hikes

POLITICAL HEADLINES

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OBAMA PRESIDENCY & THE 113TH CONGRESS:

THE HEADLINES….

Speaker Boehner: President Obama Using Military as a Campaign Prop to Demand Tax Hikes

Source: Speaker Boehner Press Office, 2-26-13

February 26, 2013
Video

“You know, Republicans have voted twice to replace the sequester.  The president, as you’re all aware, insisted that he not have to deal with the debt ceiling twice and insisted that the backstop for the work of the super committee be the sequester. 

“But I don’t think the president’s focused on trying to find a solution to the sequester.  The president has been traveling all over the country and today going down to Newport News in order to use our military men and women as a prop in yet another campaign rally to support his tax hikes. 

“Now the American people know if the president gets more money they’re just going to spend it.  The fact is is that he’s gotten his tax hikes.   It’s time to focus on the real problem here in Washington and that is spending. 

“The president has known for 16 months that the sequester was looming out there when the super committee failed to come to an agreement.  And so for 16 months the president’s been traveling all over the country holding rallies instead of sitting down with Senate leaders in order to try to forge an agreement over there in order to move a bill.  We have moved a bill in the House twice, we should not have to move a third bill before the Senate gets off their ass and begins to do something.”     

Political Headlines February 26, 2013: Senate Finance Committee Votes to Approve Jack Lew’s Treasury Secretary Nomination

POLITICAL HEADLINES

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OBAMA PRESIDENCY & THE 113TH CONGRESS:

THE HEADLINES….

Senate Finance Committee Votes to Approve Jack Lew’s Nomination

Source: ABC News Radio, 2-26-13

Alex Wong/Getty Images

The Senate Finance Committee voted Tuesday to approve Jack Lew’s nomination for secretary of the Treasury.

The approval came with a 19-5 vote.  All the “no” votes came from Republican senators — John Cornyn of Texas, Mike Crapo of Idaho, Mike Enzi of Wyoming, Chuck Grassley of Iowa and Pat Roberts of Kansas….READ MORE

Political Headlines February 26, 2013: Sequester Timeline: When Will Cuts Be Felt?

POLITICAL HEADLINES

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OBAMA PRESIDENCY & THE 113TH CONGRESS:

THE HEADLINES….

Sequester Timeline: When Will Cuts Be Felt?

Source: ABC News Radio, 2-26-13

Little is known about when, exactly, the “sequester” will wreak its expected havoc on the nation, but the process begins on Friday.

Basic Timeline:

March 1 — Sequestration goes into effect.

March 4 — Furlough notices issued. 

March 27 — The government runs out of money, or a new funding measure is passed.

April 4 — Furloughs can begin, consequences are felt.

….READ MORE

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