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The truth about sequestration

Two excellent (and brief!) new documents from the wonks at the NC Budget and Tax Center detail the specific impacts of the sequestration cuts that are hitting today and a responsible path out of the mess:

Click here to read “Just the facts: Fixing sequestration requires balance approach, new revenues.”

Click here to read “Taking a balanced approach: Four revenue options for fixing sequestration.”

Of course, both documents presuppose that lawmakers would want to use logic in solving the problem – something that seems increasingly unlikely given the central role of people like this in deciding what happens.

5 Comments

  1. Doug

    March 1, 2013 at 4:30 pm

    The truth about sequestration is…that it has to happen. So far this is the only way to get DC to slow down the spending. The tax increase well has run dry unless you want to continue to ratchet it up on the middle class, which is the only place where real dollars lie. If you confiscate all the money the top 5% have, you barely have enough to make a down payment on a week’s worth of DC spending.

  2. Alex

    March 1, 2013 at 5:37 pm

    Related Words of Sequestration according to the dictionary……….

    loneliness, lonesomeness; vacuum; confinement, incarceration, internment, quarantine; retirement, withdrawal; ghettoization

    I’ll bet Obama looked it up, and it just gave him a real bad feeling from the very start.

  3. Frances Jenkins

    March 2, 2013 at 8:21 am

    Obama owns sequestration.

  4. Doug

    March 2, 2013 at 8:42 am

  5. Frances Jenkins

    March 3, 2013 at 9:32 am

    Gene Spurling does not tell the truth.