Congress Likely to Punt on Sequesration, Insiders Say
Seventy-nine percent say they think Congress will come up with a short-term solution, while 13 percent say lawmakers will compromise and avoid the cuts. Eight percent think Congress will fail to compromise and sequestration will take effect.
Here's Sara Sorcher with some analysis:
Several Insiders said the outcome of the presidential election could be decisive when it comes to compromise on Capitol Hill. Defense hawks pushing for a compromise that spares defense are sure to be shot down, since President Obama has refused to accept a deal that spares defense cuts at the expense of steeper reductions in social programs. GOP nominee Mitt Romney, for his part, has indicated that he would protect the defense budget from sequestration if elected, and even roll back the initial tranche of $500 billion in cuts that the military has already said it could safely absorb.