As the clock ticks down to the sequester deadline on Friday, it's almost certain that the $85 billion in annual cuts will happen despite bipartisan agreement that the indiscriminate nature of them would be economically harmful.
Pennsylvania Republican U.S. Sen.
"I think we must go through with this reduction in increased spending but we need to give the President and agency heads the discretion to proceed with the cuts in a better way. I want to give the President this flexibility. The other side so far has pushed back," Toomey said during an event at the Greater Susquehanna Valley Chamber of Commerce.
For Democrats, who want deficit reduction to be a mixed bag of cuts and new revenue, that's a nonstarter.
"I want to be open minded to the approach we take, but I don't think that is the way to go here," U.S. Sen.
And the White House, in a call with reporters said even if it had greater license over the cuts that wouldn't solve the problem.
"The problem is $85 billion cut in seven-month period, and there is no good way to do that," said Jason Furman, principal deputy director of the White House's