Senate Democrats unveiled a sequester replacement plan Thursday that would achieve $110 billion in deficit reduction over 10 years, half in new revenue and half in spending cuts, according to a press release from Budget Committee Chair Patty Murray (D-WA). The spending cuts would be split equally between domestic programs and defense. The Democratic proposal, titled the American Family Economic Protection Act, would replace the sequester through Jan. 2, 2014.Got that? Obama and Congress are running trillion dollar deficits and they want cut ONLY $11 billion a year!
Thursday, February 14, 2013
Posted by Steve Bartin at 2:42 PM