US President Barack Obama has signed into effect a wave of steep spending cuts which he has warned could damage the US economy. The cuts - known as the sequester and drawn up two years ago will take 85bn dollars from the US federal budget this year. Read full article
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Disclaimer & comment rulesMakes one wonder if this wasn't the real agenda of the Bush fourth term from the beginning . . .
Mar 02nd, 2013 - 11:57 am - Link - Report abuse 0That´s the result of a democrat Gvt......crisis after crisis.....just for its hard position against the oposition......Like CFK, is all or nothing.....take it or leave it....
Mar 02nd, 2013 - 12:50 pm - Link - Report abuse 0Not good for the US citizens....and the all world.
Back in the USSR!!!!!!!!!!!!!!!!!!!
Mar 02nd, 2013 - 02:28 pm - Link - Report abuse 0Reduce the economy in the short term, maybe, sure. Help in the long term, I think so.
Mar 02nd, 2013 - 05:03 pm - Link - Report abuse 0What did he say, he just sorted out one problem, now he has to sort out another.
Mar 02nd, 2013 - 06:17 pm - Link - Report abuse 0Silly me, there was I thinking that is why he wanted to be elected again.
Mans an idiot!
@5 So, Sarah Palin is a Rhodes Scholar?
Mar 02nd, 2013 - 07:31 pm - Link - Report abuse 0Obama's AMAZING. I think he's in the top 5 presidents.
•He's slowed the growth of the fed gov more than any contemporary president BEFORE sequestration.
•He ended opt-in nsf fees on atm cards.
•He shut down the war in Iraq.
•He's bringing ppl home from Afghanistan.
•He kickstarted ev.
•He's furthered dialogue on health care.
•If you had listened to when he said to invest in the American market, you'd be up 118%, more than double your money.
& he's a GOOD family person.
Comment removed by the editor.
Mar 02nd, 2013 - 10:35 pm - Link - Report abuse 0@7 Susanna Sussie Brown Deportado!
Mar 03rd, 2013 - 12:11 am - Link - Report abuse 0Raise taxes on the wealthy or sequestration. The problem with raising taxes on the wealthy is what exactly is their fare share.? So both sides went ahead and played chicken with eachother, a dangerous game, Obama meant what he said if he could not raise taxes, and now sequestration starts. Sequestration will hit those Republican states hard too. But beleive me, if its hard in the US, it would be 10 times harder somewhere else.....
Mar 03rd, 2013 - 02:52 am - Link - Report abuse 0Obama never seemed to get that the Republicans wanted these cuts. He is an idiot and will go down as one of the worst US Presidents in modern history.
Mar 05th, 2013 - 03:23 pm - Link - Report abuse 0Comment removed by the editor.
Mar 05th, 2013 - 09:03 pm - Link - Report abuse 0The real culprit here are the gerrymandered congressional districts that have made all but a very few uncompetitive. If this were not the case the GOP would not have its current majority in the HoR. And, in any case, their caucus would not be so stacked with Tea Baggers who find their constituency in the primaries..
Mar 06th, 2013 - 01:45 pm - Link - Report abuse 0The Republicans are going to lose this one The programs to be cut are popular with Republicans, Democrats and Independents. The longer this goes on the worse it gets for them.
Hepa, You don't understand the USA at all. Stick to what you know so you don't keep making a fool out of yourself.
Mar 06th, 2013 - 02:52 pm - Link - Report abuse 0http://en.mercopress.com/2013/03/02/obama-signs-spending-cuts-after-no-agreement-is-reached-with-the-republicans#comment223979: Looks like I have flushed out a tea bagger. Hardly a surprise given some of the crap that you come out with.
Mar 06th, 2013 - 10:45 pm - Link - Report abuse 0Commenting for this story is now closed.
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