Obama: No long-term deal on sequestration

Obama spoke at the White House Monday. Obama spoke at the White House Monday. Charles Dharapak/AP

President Obama, speaking with a group of what the White House characterized as middle class Americans arrayed on a stage behind him, announced Monday afternoon that a deal to prevent a series of tax hikes from going into effect at the beginning of the New Year was "within sight." But that deal, the president indicated, did not include a bargain to stop automatic cuts in discretionary federal spending from going into effect.

"We're still going to have some work to do," Obama said. That work, he added, would include addressing the prospect of automatic spending cuts, known as sequestration. 

Sequestration would impose cuts of 9.4 percent in nonexempt defense discretionary funding in fiscal 2013 and 8.2 percent in nonexempt, nondefense discretionary funding. Obama said that would involve cuts in everything from Defense Department programs to Head Start.

"We're using an ax instead of a scalpel" with the sequester cuts, Obama said. "That's a piece of business that still has to be taken care of."

It's possible that a last-minute fiscal cliff agreement could include language delaying sequestration for several months or a year. But more tax revenues "have to be part of the equation in turning off the sequester," the president said.

"If Republicans think we will finish the job of deficit reduction through spending cuts alone ... [and] shove spending cuts at us...they've got another thing coming," Obama said. "That is not how this is going to work."

Stay up-to-date with federal news alerts and analysis — Sign up for GovExec's email newsletters.
FROM OUR SPONSORS
JOIN THE DISCUSSION
Close [ x ] More from GovExec
 
 

Thank you for subscribing to newsletters from GovExec.com.
We think these reports might interest you:

  • Sponsored by G Suite

    Cross-Agency Teamwork, Anytime and Anywhere

    Dan McCrae, director of IT service delivery division, National Oceanic and Atmospheric Administration (NOAA)

    Download
  • Data-Centric Security vs. Database-Level Security

    Database-level encryption had its origins in the 1990s and early 2000s in response to very basic risks which largely revolved around the theft of servers, backup tapes and other physical-layer assets. As noted in Verizon’s 2014, Data Breach Investigations Report (DBIR)1, threats today are far more advanced and dangerous.

    Download
  • Federal IT Applications: Assessing Government's Core Drivers

    In order to better understand the current state of external and internal-facing agency workplace applications, Government Business Council (GBC) and Riverbed undertook an in-depth research study of federal employees. Overall, survey findings indicate that federal IT applications still face a gamut of challenges with regard to quality, reliability, and performance management.

    Download
  • PIV- I And Multifactor Authentication: The Best Defense for Federal Government Contractors

    This white paper explores NIST SP 800-171 and why compliance is critical to federal government contractors, especially those that work with the Department of Defense, as well as how leveraging PIV-I credentialing with multifactor authentication can be used as a defense against cyberattacks

    Download
  • Toward A More Innovative Government

    This research study aims to understand how state and local leaders regard their agency’s innovation efforts and what they are doing to overcome the challenges they face in successfully implementing these efforts.

    Download
  • From Volume to Value: UK’s NHS Digital Provides U.S. Healthcare Agencies A Roadmap For Value-Based Payment Models

    The U.S. healthcare industry is rapidly moving away from traditional fee-for-service models and towards value-based purchasing that reimburses physicians for quality of care in place of frequency of care.

    Download
  • GBC Flash Poll: Is Your Agency Safe?

    Federal leaders weigh in on the state of information security

    Download

When you download a report, your information may be shared with the underwriters of that document.