Tuesday, May 15, 2012

Van Hollen: Dems Wanted “Balanced” Approach To Thwarting Sequestration

By Gabriella Landeros

Rep. Chris Van Hollen (D-Md.) told reporters Monday that Democrats had a plan to dodge sequestration with a “balanced” approach but ultimately saw the Republican effort to avoid Defense cuts steal the stage.

“It combined cuts with cuts to tax breaks for special interest, and very wealthy Americans very specifically,” Van Hollen said during on a conference call. “Our plan would have ended the add subsidies that take the form of direct payments, these are payments that go to agribusinesses in good times and bad…The Democratic plan also would have ended many of the taxpayer subsidies for the big oil companies, the big five.”

Van Hollen noted that the Republican plan, which is considered Dead on Arrival in the Senate, “cut deeply into food and nutrition programs for kids and struggling families.”

The Republican plan aimed at staving off $98 billion in automatic defense cuts instead promised $242 billion over the next decade in cuts among entitlement programs and financial reforms.

Read the original article on the Talk Radio News Service site.

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