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To: jongaltsr

The sequester is a bill. Two guys named Nabors and Lew who are top Obama advisors came up with the idea and Obama liked it and pushed it at congress as part of the debt ceiling negotiations.

Congress passed it and Obama signed it. It forces “cuts” in spending over 10 years. The “cuts” are split evenly between defense and discretionary spending.

The “cuts” are not large enough to actually be “cuts”, they simply lower the amount of increase already built in to those budgets. some individual programs or depts could certianly be cut as the administration can “cut” where it pleases withing the parameters above.

The first year’s “cuts” are around $50 billion in defense, same for discretionary.

It’s peanuts in a country spending around $4 trillion a year, as in 1.2%.


14 posted on 02/24/2013 12:27:06 PM PST by SaxxonWoods (....Let It Burn....)
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To: SaxxonWoods

I knew both of those definitions. Just did not put the name with the action of decreasing the rate of increase as being a “sequester”.

That is what happens when people use jargon as a label for a program that they are using (or trying to use) to cover up another failed program.

Political cloaking so to speak.

Sorry I just did not put two and two together. Guess that is because I think, live and act openly.


15 posted on 02/24/2013 2:04:01 PM PST by jongaltsr
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