Maybe if we hadn't done tax cuts while trying to fight two foreign wars we wouldn't have this problem!
News from The Hill:
GOP chairman to offer bill to prevent Pentagon spending cuts
By John T. Bennett
A senior House Republican vowed Monday to roll out legislation to “prevent” Pentagon spending cuts mandated by a supercommittee failure.
Rep. Buck McKeon, the chairman of the House Armed Services Committee, said the cuts would do “catastrophic damage to our men and women in uniform” and national security if they are implemented.
“Secretary Panetta has said he doesn't want to be the Secretary who hollows out defense,” McKeon said in a reference to Defense Secretary Leon Panetta.
“Likewise, I will not be the armed services chairman who presides over crippling our military. I will not let these sequestration cuts stand,” he said.