Tuesday, October 23, 2012

Obama: Liar, Liar Pants On Fire

Barack Hussein Obama PROPOSED the sequester he now condemns.
“The sequester is not something that I’ve proposed,” Obama said during the debate in Boca Raton, Fla. “It is something that Congress has proposed. It will not happen.”

That directly contradicts a 2012 book from investigative journalist Bob Woodward — the Washington Post editor who, with Carl Bernstein, took down President Richard Nixon over the 1970s-era Watergate scandal.

“Then-OMB Director Jack Lew, now the White House chief of staff, and White House Legislative Affairs Director Rob Nabors pitched the idea to Senate Majority Leader Harry Reid (D-Nev.), Woodward writes,” according to a Sept. 7 story appearing on the Politico website.
“Under the deal, which Republicans accepted after several rounds of bargaining, the federal debt ceiling was raised — staving off a potential financial crisis.”

Sequestration arises from the Budget Control Act that the debt-reduction super committee passed last year. The super committee’s deficit reduction plan, which Obama signed into law, put in place a trigger that will automatically make steep cuts to the Department of Defense budget — about $110 billion — on Jan. 2 if no alternative plan is adopted to continue financing the federal government moving forward.


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