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What would sequestration mean for the country?

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    Impact if fiscal deal is not reached in time

  • Duration 2:33
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Thank you want to talk a little bit now about what almost everyone seems to be afraid up.

If a deal does not get done chief congressional correspondent Mike Emanuel has the worst case in there.

I'm more worried about the sequestered now than ever.

That's because senator John Cornyn believes the automatic defensive domestic spending cuts due to start in the new year known -- sequestration.

Is not being treated with a sense of urgency.

It looks like it's being overshadowed right now by the -- -- what negotiations sequestration is timed to coincide with the country hitting the fiscal cliff which is some 500 billion dollars of tax increases and spending cuts scheduled to take effect in January.

Gridlock on a debt deal in August when he eleven.

Led to the formation of the so called super committee which is created -- worked -- cuts of one point two trillion dollars its failure led to the sequester which was thought to be so awful neither Republicans nor Democrats would want it to take effect on defense it would need a nine point 4% cut for every program across the board.

Regardless of merit.

In 2013 to include trimming three point nine billion dollars from defense operations and maintenance.

Air force and navy aircraft purchase will be cut by more than four point two billion dollars money to improve Afghan security forces will be -- by one point three billion dollars.

And diplomatic programs and security for embassies and consulates would lose one point two billion dollars but when asked this week about spending cuts as part of a fiscal cliff deal top Democrats have suggested they're finished.

That -- be part of the big bold and balanced package.

That has big cuts we've already voted for over a trillion dollars.

In cuts.

Revenues are needed and job creation is essential to reducing the deficit.

Today -- -- he clarified that she was not referring to the sequester.

Yet unless there is action in a hurry there is a risk national security could be affected in what remains a dangerous world.

I'm very worried because the only part of the federal government that -- -- administration appears to be willing to cut is the Defense Department.

Unfortunately that happens to be the number one responsibility the federal government.

Education would also be cut by 2.3 billion dollars Medicare payments to hospitals would be slashed by five point six billion dollars.

And customs and Border Patrol would lose 823.

Million dollars.

The point of sequestration was making it painful so congress and the White House would wanna cut with a scalpel instead of -- machete.

With plenty of other year and drama it's not clear that they will Brett.

-- -- a lot on the hill Mike thank you.

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