With less than two weeks until the sequestration cuts are set to start taking place, Congress is currently away from Washington on a long President’s Day break. They are not set to return until next week, which would give them less than a week to draft and pass a bill to stop the cuts.
While it is possible that key members could negotiate a deal while the rest of Congress is away, there is zero indication that is happening. Senate Minority Leader Mitch McConnell (R-KY) has firmly come out against any 11th-hour negotiation and House Speaker John Boehner does not want to take part in direct negotiations with Obama. In his remarks today President Obama made it clear that his door is open to coming up with a short-term alternative, but Republicans have shown little interest in working to find a compromise.
There are only 10 days until the sequestration cuts start and for most of that time Congress will not even be in Washington. Currently there is no bipartisan bill to deal with the sequester. There is not even the rough outline of a possible agreement. There is not even any real bipartisan negotiations taking place. There doesn’t even seem to be agreement from both sides that it would be acceptable to use a short term fix.
The chances that the sequester cuts will happen is currently very high and growing more likely with every passing day.
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