Today’s edition of quick hits:
* For President Obama, avoiding next week’s sequestration cuts should be a “no-brainer.” I’m reasonably certain congressional Republicans disagree.
* This sounds like yet another overly-generous offer: “President Barack Obama supports $2 in spending cuts for every $1 in revenue for a sequester replacement bill, White House Press Secretary Jay Carney said Friday.”
* Democratic governors are getting increasingly involved in lobbying Congress to fix the sequester before it’s too late.
* I have no idea what Senate Republicans think they got out of the additional week: “A week has passed since a Republican filibuster stalled Chuck Hagel’s nomination to be defense secretary, and yesterday we received even more evidence that Hagel will win confirmation on Tuesday.”
* Have I mentioned lately that austerity is a bad idea? “Credit ratings agency Moody’s Investors Service has downgraded Britain’s government bond rating one notch from the top AAA to AA1, citing weaknesses in the economy’s medium-term outlook.”
* Yes, Obamacare deserves a fair amount of credit for this: “The number of double-digit rate increases requested by health insurers has plummeted over the past four years, according to a Friday report from the Obama administration.”
* In the abstract, spending cuts are popular. In specific, they’re wildly unpopular.








