Senator McConnell seeks flexibility in looming spending cuts

WASHINGTON Tue Feb 26, 2013 3:04pm EST

Senate Minority Leader Mitch McConnell (R-KY) speaks to reporters in the Capitol in Washington January 29, 2013. REUTERS/Kevin Lamarque

Senate Minority Leader Mitch McConnell (R-KY) speaks to reporters in the Capitol in Washington January 29, 2013.

Credit: Reuters/Kevin Lamarque

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WASHINGTON (Reuters) - Senate Republican leader Mitch McConnell said on Tuesday he favored replacing deep, across-the-board spending cuts set to begin on Friday with a more flexible approach that would be carried out by President Barack Obama's administration.

"I would be happy to give the president more flexibility and rely on the agency heads" to decide which specific programs should be cut to achieve $85 billion in reductions between March 1 and September 30, McConnell told reporters.

Senate Democratic leader Harry Reid swiftly batted down the idea, saying that tax increases must be part of any replacement for the so-called sequestration.

(Reporting By Richard Cowan and David Lawder; editing by Christopher Wilson)

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Comments (3)
smallpeople wrote:
If Senate McConnell wants to stand at side line watch and criticize whatever the Executive branch do on the budget, he can do so AFTER he resigns from his post since he’s giving up his responsibility as a Senate.

Feb 26, 2013 6:56pm EST  --  Report as abuse
smallpeople wrote:
If Senate McConnell wants to stand at side line watch and criticize whatever the Executive branch do on the budget, he can do so AFTER he resigns from his post since he’s giving up his responsibility as a Senate.

Feb 26, 2013 6:56pm EST  --  Report as abuse
chrisyh1 wrote:
A balanced approach is the most sensible for the country. In my household raising income is always preferable to cutting expenses, but we typically have to do both to solve the problem. Surely there are programs that have served their purposes and should be cut now. But all should accept that redistribution of concentrated wealth to middle and lower classes keeps capitalism alive. And as long as capitalism keeps going, its magic is worked–competition yields innovation and invention–new markets are created–consumers have smarter and better choices. A balanced approach is a vote in favor of a sustainable capitalism.

Feb 27, 2013 1:56am EST  --  Report as abuse
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