Yesterday the Senate failed to close debate on both S 16 and
S 388, respectively the Republican and Democrat legislative efforts to stop the
sequestration of federal spending under Section 251A of the Balanced Budget and
Emergency Deficit Control Act of 1985 (2
USC 901a). The cloture
vote on S 16 failed largely along party lines (with 8 Republicans voting
against and 1 Democrat for). The cloture
vote on S 388 failed upon more nearly party line votes (4 Democrats voting
against).
Reconsideration
Unlikely
Sen. Reid (D,NV) voted against both bills. Under Senate
rules this allows him to request a reconsideration of the vote on the cloture
motion on either bill. He is unlikely (in the extreme) to request such a reconsideration
for S 16, but if he feels that an arrangement has been reached on S 388 that
would allow passage, he would certainly so request for that bill. That will not
happen today, and even if it did, the House has gone home for the weekend. The
Sequester will happen.
Moving Forward – Near
Term
So, today, before midnight, President Obama is required to
order a cut of about $85 Billion dollars in federal spending over the remainder
of the fiscal year. A lot has been written about what will happen because of
those spending cuts, but most of that has been political theater. The closest
we have to a real document is a memo
published by the President on the 27th on the subject of Agency
Responsibilities for Implementation of Potential Joint Committee Sequestration.
A one sentence precise of that memo can be found on page one under Agency
Planning Activities:
“Agencies' planning efforts must be
guided by the principle of protecting the agency's mission to serve the public
to the greatest extent practicable.”
Exactly what happens next depends in large extent on each
individual agency. Nothing of consequence will happen this weekend, and
probably little over the next couple of weeks.
Moving Forward –
Longer Term
It is now time to start considering the next big budget
fight; the current spending bill expires on March 27th. Congress
needs to pass a continuing resolution for the remainder of FY 2013. This will
provide another chance to avoid the worst potential problems associated with
the sequester. Congress and the public will have a better idea of how the
Administration is actually going to deal with the budget reduction mandated by
the earlier budget deal. That may provide a starting point for adjusting the
spending for the remainder of the fiscal year.
No comments:
Post a Comment