GOP Will Not Default! (Doing Business Wholesale Is Not The Federal Way(?)!)

[mascale]

The one of the Carolinas which has the "South" in it: Likely understands best the federal concept--of doing business. The one with the "North" in it is likely on board. "Wholesale" is not in the complex bureaucratic jargon of any known government on earth. To date, no one seems to want any of that put on the lawbooks of America(?)!

"Bribe" is understood, so "sequester," is probablly not well understood. The federal process instead becomes an act of Cong.. . . .Oh Dear!

The Republicans will now demand a federal budget. There are now fewer of them around to have to take any credit for it.

GOP to seek three-month extension of debt limit - First Read

The apparent idea it to get the federal processes legally enshrined, and then even showcased in law(?)! Effectively, Will Mormon Senator Harry Reid really want to get on the record, doing that? Anyone notices that Romney got out, way ahead of any of that! Anyone might suggest that the sect has at least a shred of morality about it.

Obscenity, generally, is thought counter to morality. There is a certain "depth," to the process about to unfold.


"Crow, James Crow: Shaken, Not Stirred!"
(Federal Budgets Now! Federal Budgets Tamarra(?)! Federal Budgets. . . .Maybe a week from Tuesday. . .or Maybe Sometime. . . .And Maybe Even Soon(?)!"

 

[waltky]

Yea, he real worried - worried he can't get outta town fast enough after cuttin' military's pay...

As he leaves, Panetta says sequester is biggest concern
February 3rd, 2013 - Outgoing Defense Secretary Leon Panetta said Sunday his "biggest concern" right now is the uncertainty over budget issues on Capitol Hill.

"If the sequester is allowed to go into effect, I think it could seriously impact on the readiness in the United States," he said on CNN's "State of the Union." "And that's a serious issue." The U.S. military could face the start of $500 billion in budget cuts in about a month if Congress fails to come up with a budget plan that avoids the so-called sequester, a serious of automatic, across-the-board spending cuts spread out over the next decade.

The sequester was originally set to kick in at the beginning of 2013, but a scaled-back fiscal cliff deal managed to postpone the cuts from triggering until a couple of months down the road. "We have the strongest military power on earth. But we - and we're dealing with a lot of threats in today's world," Panetta said.

Lawmakers who opposed the sequester frequently pointed to Panetta's opposition to it. He has previously said the cuts could be "devastating" to the military and represent a "meat ax" approach to budget-cutting. Panetta in January ordered the military to begin implementing cost-cutting measures aimed at mitigating the effects of significant budget cuts that would occur if Congress fails to reach a deal in coming months to avert or soften them.

Military departments were told to report on how they would implement the deep automatic spending cuts of the sequester and enforce unpaid leave for civilian employees should the reductions occur. "I couldn't agree more. We face a true readiness crisis," Gen. Martin Dempsey, chairman of the Joint Chiefs of Staff, added.

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Panetta to recommend pay cut for military
February 6th, 2013 - Just days before he leaves office, Defense Secretary Leon Panetta is recommending military pay be limited, effectively decreasing troop salaries next year.

Panetta will recommend to Congress that military salaries be limited to a 1% increase in 2014. The Pentagon has calculated that the Labor Department's 2014 Employment Cost Index is expected to be above 1% but wants to still cut back on pay because of "budget uncertainties," a department official told CNN. In 2013, a 1.7% increase was approved, based on the index, which has been the basis for military pay for the last several years. Three Pentagon officials have confirmed details of the plan to CNN. The Joint Chiefs of Staff have also agreed to Panetta's proposed pay plan. Final approval for the pay would come from Congress in the form of the 2014 budget.

The recommendation is tied to the Defense Department's 2014 budget recommendation, which was expected to be sent to Congress this month, one of the officials said. But the officials acknowledge it is going to be seen as an effort to push Congress to stop the automatic budget cuts that could go into effect if no deal is reached on spending reductions. The decision comes as the secretary is stepping up the rhetoric about dire cuts at the Pentagon if sequestration goes into effect. President Obama in 2012 walled off military pay from cuts, so if this current pay plan goes into effect, it's widely seen as "cutting our pay," one military officer familiar with the plan told CNN. "It's a smart move, it puts it in Congress' hands," he said.

Panetta, in one of his last official speeches as secretary of defense, told an audience at Georgetown University on Wednesday that the Pentagon faced "the most serious readiness crisis in over a decade." The defense secretary outlined a series of possible cuts should the Pentagon be forced to find half a trillion dollars more in savings. He warned that 800,000 civilian workers could furloughed for 22 days and that the Army would need to cut back on training and maintenance, putting two-thirds of combat teams at "reduced readiness levels." Pacific naval operations could be cut by as much a third, and Air Force flying hours and weapons maintenance could be cut.

CNN has also learned that this week, the Navy is expected to announce it does not have the money to pay for refueling and maintenance of the aircraft carrier Abraham Lincoln. That will essentially mean the Navy is short a carrier and overseas deployments will be cut. "No good options exist," Panetta said.

Source