Key to avoiding cliff: Will Pres O cut spending? Will he compromise? I bet even if Rs raise taxes, O won't cut spending.
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@jonathanweisman Thanks. R those cuts bigger than proposal 2increase spending by $150b over next 3 years? R they big enuf 2 turn off seq?
@AriFleischer Since O didn't put No. on upfront cuts don't know if offset $50 b in upfront spending. Tax hikes lg enuf to turn off sequester
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@jonathanweisman Tax hikes don't automatically turn off seq. Different issue - look into it. Separate legislative tracks. -
@AriFleischer Nothing automatically turns off sequester. Congress must affirmatively do that. If they decide tax hikes r enuf, they could
End of conversation
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