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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Mar 01, 2013
Page
5
White House talks on deficit cuts yield no action before sequestration. Obama cites $2.5 trillion already trimmed while Boehner presses for tax hikes and spending cuts. Senate and House debate next steps as March 27 funding deadline nears amid cautious markets.
The White House announced automatic spending reductions will be delayed as late as possible on Friday. The sequestration, slated for March 1, 2013, would cut about 85 billion dollars of defense and domestic programs through Oct 1. President Obama may order the action any time Friday, with officials aiming for 11:59:59 p.m. to preserve hope for a compromise.
Alvarez notes the potential for 2 500 truck shipments of high level waste to travel to the Savannah River Site while cautioning a single repository is unlikely. He argues for dry cask storage and suggests legal changes to let the DOE take title at private reactor sites.
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