The White House is
retreating from its doomsday predictions about the impact of the $85 billion in
federal spending cuts as they enter a second week -- with Republican leaders
appearing at least satisfied about delivering on their promise to limit government
spending and hold down taxes.
Gene Sperling, the White House's top economic adviser, repeatedly
said Sunday the cuts will not hurt as much on “Day One” as they will over the
long haul.
“Nobody ever suggested that this … was going to have all its
impact in the first few days,” he told “NBC’s “Meet the Press.” “It is a slow
grind.” . . . . . . . . Read more at FoxNews.com
Editor's notes: Of course, we all know that B Obama did nothing but preach fear and panic the two weeks before Sequester kicked in and now, he stands to be proven, once again, that he did not know what he was talking about.
His plan to use Sequester to further divide the nation and win, big, in 2014, just took another hit. Nearly 60% of the American people believe that Sequester was and is the only way Congress will ever cut anything.
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