"Top Conservative Praises Sequestration: It Has Been ‘One Of The Good Things That Has Happened’"
CREDIT: Sabrina Eaton of The Cleveland Plain Dealer
Rep. Jim Jordan (R-OH) praised the consequences of sequestration during an appearance on Fox News Sunday, arguing that the automatic spending cuts that went into effect in March “has been one of the good things that has happened…in this town.”
While discussing the ongoing Congressional negotiations to avert fiscal default, Jordan insisted that conservatives in the House would not support any compromise that relaxes the budget caps under sequestration and leaves the Affordable Care Act fully in place.
“We’re not going to break the sequester cap,” Jordan said. “That’s one thing where we save the American taxpayers money here. We think that’s an important thing that we have achieved.” House Republicans have proposed funding the government at the sequestration level of $986.3 billion, rather than the Budget Control Act (BCA) capped level of $1.058 trillion, which is favored by many Democrats. Democrats in the Senate have voted to fund the government at sequester levels, but are now hoping to secure a short-term deal that will allow them to revisit funding levels before the next round of automatic reductions kick in.
The automatic across-the-board budget cuts signed into law through the BCA went into effect after lawmakers failed to reach a deficit reduction agreement and were seen as a worst-case scenario that both parties would find untenable. But even though budget analysts predict that the reductions are holding back wages and consumer spending, hurting job creation, and devastating programs like Head Start, cancer treatments for seniors, and Meals and Wheels, some Republicans have embraced the reductions as a policy success.
Appearing on CNN’s State of the Union, Sen. Rand Paul (R-KY) also said that he would not support any budget deal that increases spending above the sequester budget limits.
This post has been updated to reflect the latest developments in the ongoing budget negotiations.