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:

College tuition increases more than triple the rate of inflation
Mexico's audit office tells Bank of Mexico to verify gold held at Bank of England
The Truth Behind the Decline in Somali Piracy
The No-Name European Committee That Made the $13 Billion Guarantee to Cypriot Banks
Hacking an Airplane With Only an Android Phone
Director of IRS Tax-Exempt Determinations Office Is Obama Donor
The Future of Building Your Own Guns
Florida County Moves To Shut Down Red Light Cameras With Public Vote
10 Things that Cause Tax Audits of US Expatriates
The police are spying on all New Yorkers with this taxi
Court: WiFi Sniffing Can Be Wiretapping Because WiFi Isn't Audio
Napster Documentarian’s Next Project: The Untold Story of Bitcoin
Patent troll CEO explains why company demands EFF donor names
Evidence That Consolidated Global Power Is Wielded by a Tiny Elite
Hacker faces 115 years in prison after lowering customers' cable bills