Sen. Pat Toomey, a Pennsylvania Republican who is a member of the congressional supercommittee, says the $1.2 trillion in looming spending cuts triggered under the debt panel’s failure to reach a deal, are adjustable despite President Barack Obama’s threat of a veto.
“I think it is important that we change the configuration,” Toomey said today on ABC’s “This Week.” I’d be surprised if the president would simply veto any effort to make changes.”
Toomey said he interprets Obama’s comments about the triggered cuts, which are referred to as sequestration and include major military cuts, as ambiguous.
“I thought that he was suggesting he would veto any attempt to eliminate portions of it,” Toomey said of the cuts. “I don’t recall him having a categorical veto threat on any change in the configuration.”
Toomey also said extending the payroll tax cut probably will pass in legislation even though it’s a controversial topic with Republicans.
“I think that probably some package of that with other features might very well pass,” Toomey said when asked about the chances of continuing the payroll-tax cut and unemployment benefits.
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