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Originally posted by earthart
Do they really have a disagreement? I mean wont they come together with some compromise in the last few minutes like they did with budget agreements in the past? Is it all just staged?
Id really like this show to get on the road! Let the cards fall where they may, i say. Arent we going down anyways?
Originally posted by earthart
I have a buddy who works at a base here in Eastern NC and he is so worried about not getting overtime, a shift differential paycut, and not being able to stack vacation and sick days up and over each year. I own a landscape company that has lost 23,000 in income for my household through this and to be honest it makes me mad. I say take one for the team bro, i had to. What a crybaby i thought, a PAMPERED SHEEP.
Originally posted by Signals
BO supported this very same sequestration not too long ago, Google it.
It's fear mongering, a dog and pony show, break free from it.
Originally posted by earthart
I have a buddy who works at a base here in Eastern NC and he is so worried about not getting overtime, a shift differential paycut, and not being able to stack vacation and sick days up and over each year. I own a landscape company that has lost 23,000 in income for my household through this and to be honest it makes me mad. I say take one for the team bro, i had to. What a crybaby i thought, a PAMPERED SHEEP.
Congress put off the sequester until March 1 as part of the last-minute fiscal cliff deal on New Year's Day. Without that agreement, economists warned that the one-two punch of sequestration and the expiration of the 2001 and 2003 Bush tax cuts could have thrown a still-struggling U.S. economy into reverse.
It's a series of automatic, across-the-board cuts to government agencies, totaling $1.2 trillion over 10 years. The cuts would be split 50-50 between defense and domestic discretionary spending.
Originally posted by bjax9er
the only thing you need to know is that we will still spend billions more this year, than we did last year.
and that obama is a liar.
Originally posted by OptimusSubprime
reply to post by earthart
Yes we are going down regardless... these "spending cuts" represent 3% of the total budget, which is why all of the fearmongering and demagoguery is so hilarious and pathetic. The spending cuts aren't even real... they still going to spend more, but if this takes effect the spending will increase by 4% instead of 8%.
Originally posted by seeker1977
reply to post by earthart
A lot of people have completely incorrect information, fr one thing there have been absolutely no increase in federal spending since 2011. Our congress and senate failed to do their job and did not develop a federal budget for that year. Instead they passed a continuing resolution so that spending would be able to continue as before.
We have been in a continuing resolution since (which means federal spending frozen at 2011 levels) because no one can agree and no one can get anything done. This is their job and is totally unaceptable.
Several people have absolutely no facts about federal employment either. Absolutely no one can carry Annual leave (vacation time) over until retirement. They cannot even carry it year to year, it is capped at about 3 pay periods that anyone can carry over into the next year. Once you pass that cap if you don;t use any excess leave at years end it is gone, you will nevver see it again.
Sick leave is different, that can build up until retirement if you do not use it, however only half of whatever saved could ever be figured into retirement. Sick leave is earned at lower rates than annual leave and for the most part it does not ammount to much benefit for people retiring.
I'm not sure where get get the idea sequestration is a cut on increases. It is an across the board spending cut on all levels with no say on what programs lose money. There is definitely a LOT of areas that need to be cut and this could easily be done with minimal negative affect for most if done intelligently. All together over 10 years the total would be something like 1.32 trillion in spending cuts. For this year something like 89 billion across the board with DoD taking about a 13% across the board cut with most other agencies taking about an 8% cut.
What federal employees actually face is a 20% reduction in actual pay (very significant), along with various other negative impacts due to how the cut would be done by placing people on Leave Without Pay once a week. The sequestration was meant to be so horrible and devastating that it would force people to come to a decision to prevent it from happening.
Nothing is likely to happen now as the deadline of sequestration is so close, but the majority of the negative affects would start around April where services would have to be reduced or cut and salaries reduced. They will probably be under so much pressure that something is done within the next month.
We may get out of this situation temporarily with minimal immediate affect only to push the issue down the road further if something intelligent isn't done. It doesn;t seem like any of our politicians or leaders are able to accomplish anything intelligent so who knows.