Well, it looks like the folks in Washington have done it. Â The device called "sequestration" to impose mandatory cross-the-board cuts in Federal defense and non-defense spending is actually going into effect. Â That mechanism was created back in 2011 at the time of the US debt ceiling crisis as an outcome so terrible that it would force Republicans and Democrats to find a compromise that starts reducing the US Federal deficit. Â Instead, it has itself become the compromise between a Repub...
Well, it looks like the folks in Washington have done it. Â The device called "sequestration" to impose mandatory cross-the-board cuts in Federal defense and non-defense spending is actually going into effect. Â That mechanism was created back in 2011 at the time of the US debt ceiling crisis as an outcome so terrible that it would force Republicans and Democrats to find a compromise that starts reducing the US Federal deficit. Â Instead, it has itself become the compromise between a Repub...
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