The Sequester: A perplexity inside and outside Washington
America / Economy / Fiscal policy

The Sequester: A perplexity inside and outside Washington

And so we enter another manufactured financial crisis here in Washington. The U.S. government is on the precipice of implementing massive spending cuts to federal programs. Totaling $1.2 trillion over the next decade, these cuts, known as (cue the headline buzzword) the “sequester,” will cut nearly every federal program’s budget by 8.2%. Both the left … Continue reading