March 6, 2013
Sequester, what is it? How did we get here? Who is at fault? These are the thing we will discuss. Recently a lot of people have been in an uproar over sequester and the spending cuts that will automatically take place. What most people fail to understand is that this is not something that happened overnight it has loomed over us for months and our government has failed to take appropriate action to prevent it. The true effects of sequester are unknown to most, including the government officials that put it in place. Instead of pushing forward and attempting to come to a compromise the parties have decided to engage in a full scale blame war; It can be said however that compromise isn’t needed since the sequester itself is the result of a compromise made months ago in which one side has failed to live up to their end of the bargain. It may be possible that the provisions of sequester may be necessary and actually good for the country. What exactly is Sequester? The Sequester is a series of automatic budget cuts, set to take place on the first of March 2013, signed into law by President Barrack Obama in August 2011. 85 Billion dollars of these cuts are set to occur during the 2013 fiscal year and will continue through 2021 totaling 1.2 trillion dollars. While sequester calls for across the board cuts to domestic spending as well as defense spending there are certain areas where no spending cuts will be allowed to take place. Spending on wars, military personnel, Funding allocated for Medicaid, Social Security, Pell grants, veterans' benefits and some low-income programs are the areas that have been excluded from sequester and therefore cannot be cut. The programs that are exempt from cuts seem to be the ones that both side continue to tell the public will be the first to be cut, this shows either congress themselves do not understand the law or they are deliberately lying...
References: Miller, L. (2013, March 1). Huff Post Politics. Retrieved March 6, 2013, from Huffington Post: http://www.huffingtonpost.com/2013/03/01/what-is-the-sequester_n_2783917.html
Miron, J. A. (2013, February 28). Cato Institute. Retrieved March 6, 2013, from Cato Institute: http://www.cato.org/publications/commentary/sequester-will-be-good-economy?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+CatoRecentOpeds+(Cato+Recent+Op-eds)
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