No deal in sight as deadline to avoid spending cuts looms
The deadline for the so-called ‘sequester’ is on Friday, and everyone seems to have an opinion on it, especially here in Texas.
State Democrats are predicting doom and gloom. State Republicans say it won't be so bad. But analyst Jim McGrath believes one thing certain. No one is going to give an inch, especially Congress.
“They have given into the President previously. They are not about to raise taxes. They want to see spending cuts,” McGrath said.
McGrath told KTRH if you are looking for a deal similar to the one to avoid the fiscal cliff in December, you can forget about it.
“I think it will take some kind of market event for them to snap into gear and to actually do the people’s business. Until then they will continue to play their political games,” McGrath stated.
Southeast Texas Congressman Steve Stockman told KTRH that he's not going to give in to the White House, and that you shouldn't be afraid of what might happen.
“It’s really nominal. Unfortunately the administration is trying to use every play to make it look worse than it is,” Stockman said.
Stockman says the people are not with the President on this issue.
“The people want us to stay firm against Obama’s radical agenda. We’re not going to cut the military the way he wants, but we do need entitlement reforms,” Stockman explained.
But it seems like there will be side effects from the sequester. One of them could be longer security lines at the airports if you are traveling because of furloughs at the TSA.