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.”


Related posts:

Man Investigated By Police For Buying Ammunition At Store
Greek Men On 'Lagarde List' Found Dead
Video: Police shoot dog in Omaha
Thought The Euro Crisis Was Over? These 18 Charts Show The Real Crisis That Lies Ahead
Lying Swiss Bankers Have Trapped American Clients: “Sell Your Gold. Now.”
Japanese Stocks Plunge 1000 Points; Central Bank Injects 2 Trillion Yen
Utah Spent $26K to Ferret Out Welfare Drug Users, Found Nine
Obama rodeo clown: People have lost their ability to laugh
Cyprus gets €2bn EU bailout despite money laundering concerns
In-person bitcoin exchanges spread across the globe
Bitcoin Foundation among witnesses to speak at major hearing on bitcoin
Online Gambling Stocks: Will the US Cash In?
Welfare office head, with gambling habit, embezzles nearly $300k
Kraken, a Bitcoin exchange, raises $5M
Judge in Silk Road criminal case says Bitcoin is as good as money