Barring an agreement between Congress and the President, the unthinkable happens on Friday. Automatic cuts in most government programs take effect. It's an incredibly stupid move, especially given that the economy is still suffering 8 percent unemployment. The cuts affect defense and nondefense spending. They apply equally to programs that are highly effective and to those that might not be worth continuing. (Dylan Matthews of the Washington Post wrote an excellent overview of the sequester.) Ac...
Barring an agreement between Congress and the President, the unthinkable happens on Friday. Automatic cuts in most government programs take effect. It's an incredibly stupid move, especially given that the economy is still suffering 8 percent unemployment. The cuts affect defense and nondefense spending. They apply equally to programs that are highly effective and to those that might not be worth continuing. (Dylan Matthews of the Washington Post wrote an excellent overview of the sequester.) Ac...
Share this Article
Recommended