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Monday, 25 February 2013 01:09

The "Sequester" would hit bi-state area hard

Unless a deal is reached by Friday, massive federal budget cuts will automatically go into effect -- and Missouri and Illinois will feel the pinch. The "sequester" would cut $85 billion from the budget, half from defense and half from domestic programs. As part of their campaign to avoid the automatic spending cuts, the White House Sunday released a state by state breakdown of the impact.

Besides the pain of deep defense cuts which could lay off some 8,000 defense workers, Missouri could lose nearly $12 million in education funding.

In Illinois, the defense cuts would furlough more than 14,000 defense department employees and cut more than $30 million from education.

Democrats have proposed a combination of tax increases and spending cuts, including a tax on income above $1 million and eliminating tax breaks for oil companies.

Republicans have said they will only consider spending cuts.

Democratic Congressman Bill Enyart of Belleville, told the St. Louis Post-Dispatch that the defense cuts would hit the area hard because of the importance of Scott Air Force Base and other military installations to the local economy.

Illinois Republican Representative John Shimkus told KSDK-TV that he doesn't believe a deal will be reached before the deadline.
Published in Local News
WASHINGTON (AP) - President Barack Obama's chief of staff says the White House hasn't proposed "anything to Capitol Hill yet" on immigration even as a leading Republican criticizes a reported draft proposal regarding illegal immigrants.

That draft, according to USA Today, would create a visa for the estimated 11 million illegal immigrants in the United States and allow them to become legal permanent residents within eight years.

Obama aide Denis McDonough tells ABC's "This Week" that the White House is working with a bipartisan group of senators.

GOP Sen. Marco Rubio of Florida says if such a measure was proposed, it would be "dead on arrival" in Congress.

McDonough says "let's make sure that it doesn't have to be proposed" because the White House and Congress are able to work out a deal.
Published in National News
WASHINGTON (AP) — Outgoing Social Security Commissioner Michael J. Astrue has some parting shots for Congress, the White House and advocates for seniors. They have all "really walked away from Social Security," he says, leaving the program "fraying because of inattention to its problems."

Instead of making the hard choices to fix Social Security's financial problems, policymakers "use it as a tool of political rhetoric," Astrue said.

Astrue, 56, has headed the federal government's largest program since 2006 — he was nominated by former President George W. Bush. By law, Social Security commissioners serve six-year terms, so President Barack Obama will now have the opportunity to choose his own nominee, who must be approved by the Senate. Astrue's last day on the job was Wednesday.

The trustees who oversee Social Security say the program's trust funds will run dry in 2033, leaving Social Security with only enough revenue to pay about 75 percent of benefits. Already the program is paying out more in benefits than it collects in payroll taxes.

As commissioner, Astrue served as a trustee. He regularly urged Congress to address Social Security's long-term financial problems but refrained from publicly weighing in on various options to cut benefits or raise taxes — until now.

In an interview with The Associated Press, Astrue said benefit cuts and tax increases are inevitable — despite fierce opposition to both. Yet he questions whether Congress is up to the task.
Published in National News
WASHINGTON (AP) - President Barack Obama's choice to head the CIA faces a Senate Intelligence Committee confirmation hearing just hours after lawmakers are expected to receive a classified report providing the rationale for drone strikes targeting Americans working with al-Qaida overseas.

The White House counterterrorism chief, John Brennan, is Obama's nominee to run the nation's spy agency. He helped manage the deadly drone program.

Brennan's confirmation hearing today sets the stage for a public airing of some of the most controversial programs in the covert war on al-Qaida, from the deadly drone strikes to the CIA's use of interrogation techniques like waterboarding during the George W. Bush administration.

The Senate committee's chairman, Democratic Sen. Dianne Feinstein, said the secret legal opinion about drone strikes would be provided to her committee by this morning.
Published in National News

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