SHOCKING: CONGRESS MESSED UP:
Secretary of Defense Leon Panetta said Congress did "a stupid thing" in risking $50 billion in across-the-board cuts. Congress decided to risk this to make sure both parties had an incentive to come to the table. With Congress' track records, why would it set incentives -- cuts without rhyme or reason -- that could have a devastating effect on the country? Gridlock is becoming a national security threat because Congress is playing chicken: Julie Watson for The Huffington Post: Leon Panetta: Congress 'Put A Gun To Their Heads' By Risking Defense Cuts
CONGRESS AGREES WITH PANETTA: Members of Congress from both parties agree the automatic cuts through sequestration can not happen -- not that it really matters. Both sides still appear unwilling to budge on the $1.2 trillion question: taxes. Jeremy Herb for The Hill: GOP, Dems at impasse over defense cuts, despite calls for action
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THERE'S A BETTER CHANCE OF WINNING THE LOTTO:
Then Congress agreeing on long-term transportation legislation -- at least one transportation leader says. "We're hedging our bets that the House is going to get anything done, so I went out and got a lotto ticket and I'm publicly announcing that I'll donate any winnings to transportation," AFL-CIO Transportation Trades Department (TTD) President Edward Wytkind says. "That may be our best hope for transportation policy at this point, at least for the next couple of weeks." Keith Lang for The Hill: Transportation advocates see little hope for pre-election long-term highway bill
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