There are less than 20 days until the March 1st Sequester deadline. And Washington is gearing up for a major fight. If politicians can't come to a compromise, the looming $85 billion of Republican austerity is set to make devastating cuts to programs many Americans depend on. Despite non-defense spending being 14% lower than it has been in a half-century, deficit hawks in the Republican party want more austerity imposed on the working poor in our nation.
Democrats on the House Appropriations Committee estimate that additional cuts will have a devastating impact on food safety, aviation safety, early education, disaster relief, and law enforcement. And vital programs like WIC, which helps low-income women provide food for their infants and toddlers, may be forced to tell 600,000 women and children to go hungry.
In his weekly YouTube address over the weekend, President Obama again called on Congress to act now in order to avoid “deep, indiscriminate” cuts. He called out the Republicans directly saying, “they would rather ask more from the vast majority of Americans and put our recovery at risk, than close even a single tax loophole that benefits the wealthy.” Rather than working to avert the impending crisis, House Republicans like Speaker John Boehner are simply using it to attack our President...coining the ridiculous term “Obama-quester.”
No country, in the history of the world, has ever cut it's way to prosperity. We can only hope that Congress starts considering a smarter approach – like the Sanders-Schakowsky Corporate Tax Fairness Act – and prevent devastating austerity. Stay tuned.
Listen to The Thom Hartmann Program Monday through Friday 3 PM to 6 PM on WWRL AM 1600.