Reid pushes sequester replacement plan
Senate Majority Leader Harry Reid Wednesday pushed his plan to stop the automatic federal spending cuts that went into effect last month. But it was uncertain, and increasingly unlikely, the Senate will act until next month.
Reid made his case in his opening remarks to the Senate.
"We have seen the devastating impacts of these arbitrary budget cuts. Now it’s time to stop them," he said. "Last night I introduced legislation that would roll back the sequester for the rest of the year. This bill would give Democrats and Republicans time to sit down at the negotiating table and work out an agreement to reduce the deficit in a balanced way."
Reid would pay for the restoration of funding with savings from the windown of the wars Iraq and Afghanistan.
"Before Republicans dismiss these savings, they should recall that 235 House Republicans voted to use these funds to pay for the Ryan Republican budget. They didn’t consider it a gimmick when it served their own purposes," Reid, D-Nevada, said.
