Exposing the Absurdity of Washington’s Anti-Sequester Hysteria

“To save America from the supposedly ‘savage’ and ‘draconian’ budget cuts caused by sequestration, President Obama has instead asked Congress to approve an alternative fiscal package containing additional tax increases.  So why is the sequester so bad? Does it slash the budget by 50 percent? Does it shut down departments, programs, and agencies?  Well, the Congressional Budget Office today released its annual Budget and Economic Outlook, and Tables 1-1 and 1-5 allow us to see the ‘brutal’ impact of the sequester.  As you can see from this chart, the sequester will ‘cut’ spending so much that the budget will grow by ‘only’ $2.4 trillion over the next 10 years.”

http://danieljmitchell.wordpress.com/2013/02/05/exposing-the-absurdity-of-washingtons-anti-sequester-hysteria/

Related posts:

Sign language-to-speech translating gloves take out Microsoft Imagine Cup 2012
Asian economies turn to yuan
Thousands of US Troops Arrive Near Syrian Shore on USS Eisenhower
Where You Register Your Domain Name May Land You In Jail
Audio catches cops shouting ‘Burn this motherf*cker!’ during Dorner siege
Boston Federal Court House Evacuated Due To Press Presence, Bagpipe Player
Colorado passes laws for the legal sale of marijuana beginning Jan. 1
LibertyBit Bitcoin Exchange - OPERATIONS SUSPENDED
A life sentence … for pot?
Can fracking cause bigger, more frequent earthquakes?
California Democratic Party tells Obama to halt medical marijuana raids
Quantitative Easing Worked For The Weimar Republic For A Little While Too
A Purse Snatching Led to the Legal Justification for NSA Domestic Spying
The NSA Playset: Espionage tools for the rest of us
The Secret Fed Paper That Advocated a "Carry Tax" on All Physical Cash