NC Budget and Tax Center

Federal Budget Negotiations Should Focus on Sequestration

The federal budget negotiations are beginning in order to meet the timeline that policymakers established in the recent deal to re-open government and raise the debt ceiling.  While some report that revenue has been kept off the table, this should be a non-starter for federal policymakers seeking a fiscally responsible budget that won’t harm the economy or grow poverty.

The negative impacts of sequestration have recently been calculated at the county level by researchers at the Center for Public Integrity and the Financial Times. The analysis of North Carolina counties shows that not just military communities but research hubs and areas of significant hardship have been negatively impacted by these across-the-board spending cuts. These findings are on top of the growing catalogue of the harm these cuts have caused Sequestration Impact by Countyin the day to day lives of many thousands of North Carolinians. It is clear that policymakers must pursue revenue to replace the across-the-board spending cuts, closing corporate tax loopholes is a good start.

One Comment


  1. wncgirl

    October 22, 2013 at 3:52 pm

    Time to try some of the baggers for treason….

Check Also

Job announcements still fall short of 16,000 new jobs needed every month in N.C. to get back to pre-Recession levels

The North Carolina GOP released a press release ...

Top Stories from NCPW

  • News
  • Commentary

State Board of Elections & Ethics Enforcement refuses to disclose any details of probe into alle [...]

Senate favors form of merit selection for judges as alternative to House judicial redistricting bill [...]

North Carolinians hoping to find out who’s been funding Rep. Justin Burr’s crusade this legislative [...]

The SePro Corporation is receiving as much as $1.3 million in taxpayer money to chemically kill the [...]

In 1896, the U.S. Supreme Court infamously upheld the legality of racial segregation and “Jim Crow” [...]

900 million---amount in dollars of the cost of the tax cuts passed this year when they are fully in [...]

Mixed and confusing signals from NC GOPers on confederate monuments Senate President Pro Tem Phil Be [...]

Here is something you probably haven’t heard much lately, if at all, given the shocking news from Ch [...]

Featured | Special Projects

NC Budget 2017
The maze of the NC Budget is complex. Follow the stories to follow the money.
Read more


NC Redistricting 2017
New map, new districts, new lawmakers. Here’s what you need to know about gerrymandering in NC.
Read more