“When the debt limit was raised in 2011, Republicans demanded that budget cuts be included in the legislation. The Congress Joint Select Committee on Deficit Reduction — or the “super committee” put in charge of figuring out how to implement the cuts called for in the Budget Control Act — ultimately proved unable to reach a bipartisan agreement on cutting $1.2 trillion from the deficit. With the threat of automatic sequestration still looming, Congress was tasked with finding those cuts. No luck so far. So, while sequestration was never intended to actually go into effect, it now most likely will.”
- What Is The Sequester? from March 1, 2013
- What Is The Sequester? from March 1, 2013