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Sunday show round-up: Tea Party “unlikely” to challenge McConnell

This week's Sunday shows were all about the looming automatic budget cuts known as the sequester, with a side note from Rand Paul on the division (or lack thereof) between the Republican establishment and the tea party. Here are the highlights:

On sequestration:

House Minority Leader Nancy Pelosi, D-Calif., told Fox News' Chris Wallace that sequestration is "a bad idea all around" and said there should be a combination of spending cuts and closing tax loopholes to avoid it. "It is almost a false argument to say we have a spending problem. We have a budget deficit problem that we have to address," she said.

Sen. John McCain, R-Ariz., said he might not be opposed to new revenues in order to avoid the cuts. "We've got to avoid it, we've got to stop it," he said on "Fox News Sunday." "Would I look at some revenue closers? Maybe so. But we've already just raised taxes. Why do we have to raise taxes again?"

But House Republicans were adamant that new revenues would not happen. Majority Leader Eric Cantor, R-Va., said he opposed any new revenues. "We can't be raising taxes every three months in this town," he said on NBC's "Meet the Press."

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