The Norman Transcript

Headlines

October 4, 2012

Session unlikely to end debate in Congress over sequestration

NORMAN — Sen. Jim Inhofe, R-Okla., was in Norman on Wednesday, meeting with members of the local business community and voicing his concerns about sequestration and the possible loss of jobs resulting from automatic spending cuts.

When Congress passes appropriations bills in excess of limits previously set down for itself in the annual budget resolution, reductions must be made to avoid an automatic, across-the-board cutback called sequestration. The threat of sequestration currently hangs over the nation, with members of Congress unable or unwilling to agree on the needed cuts.

While some vital programs are protected from sequestration, defense and other cuts will occur on Jan. 2 if something does not change in the current scenario.

Inhofe has joined fellow Republicans in blasting the Obama administration for the possible fallout from sequestration cuts.

“Last week, the Office of Management and Budget provided guidance that said they would cover any potential litigation costs or employee compensation costs that could be brought against contracting companies as a result of their failure to follow the WARN Act,” Inhofe said in a press release Monday.

Inhofe is concerned that employers such as Lockheed Martin could ask for millions in reimbursements from lawsuits resulting from a failure to follow the 60-day notification requirements outlined in WARN.

Inhofe further referenced a July report by the Aerospace Industries Association that estimates defense and non-defense sequestration could result in the loss of 2.1 million jobs.

The White House, through the Office of Management and Budget in accordance with the Sequestration Transparency Act of 2012, issued a report Sept. 14 outlining the possible fallout from sequestration.

“In August 2011, bipartisan majorities in both the House and Senate voted for the threat of sequestration as a mechanism to force Congress to act on further deficit reduction,” according to the transparency report. “The specter of harmful across-the-board cuts to defense and non-defense programs was intended to drive both sides to compromise. The sequestration itself was never intended to be implemented.

Text Only | Photo Reprints
Headlines
  • Trees Trees take root in Andrews Park Johnny Keeler of Little River Trees plants a tree Tuesday in Andrews Park to replace those lost when the area was hit by a tornado on April 13, 2012. The tornado took out several trees in city parks. Andrews Park was hit the hardest.

    April 16, 2014

  • General fund continues to decline as expenses exceed anticipated revenues

    Norman’s expenses will again outstrip projected revenue in the current budget before the city council. The budget for the fiscal year that starts in July and ends June 30, 2015, projects $210,982,020 in total revenues and $213,436,778 in ...

    April 16, 2014

  • Norman High Speech and Debate Team wins state championship

    Briar White’s heart pounded in his chest as he clasped the hands of several classmates and Booker T. Washington High School was announced as the second-place finisher. White said he was elated to hear second place announced because he ...

    April 16, 2014

  • Norman students accepted to arts institute

    OKLAHOMA CITY — Forty-nine Norman high school students have been accepted to the Oklahoma Summer Arts Institute at Quartz Mountain, an arts academy hosted June 14-29 in southwestern Oklahoma. The Norman students were among 270 artists ...

    April 16, 2014

  • Ukraine bares teeth against eastern uprising

    KRAMATORSK, Ukraine — In the first Ukrainian military action against a pro-Russian uprising in the east, government forces repelled an attack Tuesday by about 30 gunmen at an airport, beginning what the president called an “anti-terrorist ...

    April 16, 2014

  • Supremacist faces murder charges

    OVERLAND PARK, Kan. — The white supremacist charged in shootings that left three people dead at two Jewish community sites in suburban Kansas City made his first court appearance Tuesday....

    April 16, 2014

  • Oklahoma Senate approves limits on abortion drug

    OKLAHOMA CITY — The Oklahoma Senate voted overwhelmingly Tuesday to further restrict the use of abortion-inducing drugs in Oklahoma in a bill written in direct response to a recent state Supreme Court decision....

    April 16, 2014

  • OU History of Science Department receives Sloan Foundation Grant

    The University of Oklahoma History of Science Department has received a $350,000 grant from the Alfred P. Sloan Foundation in support of a project to build an innovative tool for collaborative research centered on the 100-year-old Isis ...

    April 16, 2014

  • Norman High, North named top schools in nation

    Norman High and Norman North have once again been identified as two of the most rigorous high schools in the state and nation. The Washington Post’s 2014 Most Challenging High Schools list, the first of annual national high school ...

    April 16, 2014

  • Oklahoma Water Survey data web portal to be demonstrated next week

    A new tool is available from the Oklahoma Water Survey, at the University of Oklahoma, for organizations in the state that collect and use water data. Oklahoma Water Survey Director Robert Puls will demonstrate Phase I of a new water data ...

    April 16, 2014

Video
Facebook