In short, the
Sequester cuts 500 billion out of the military budget and 500 billion out of
entitlement spending as a matter of law.
It was the big idea of Obama and
pushed through a weak-kneed GOP House of Representatives.
It is due to go into effect on March 1st of this year. While the Democrats are whining about
services being cut in this sequester,
the facts of the matter are these:
no services will be cut and; two,
the Democrats have no one to blame except themselves since this was
their big idea.
What you might not know is this -- all line items in the budget increase
automatically, to the tune of 5 to 8
percent, each and every year. That represents an 80% increase to some
agency, over the course of the next ten
years.
The total increase over ten years, in dollar amounts, is somewhere north of 47 trillion
dollars, with a “t.” The Sequester will cut a total 1.16
trillion over the course of the next ten years.
It is a lie to assume that this minor reduction will NOT spell
the end to any budget category on the docket.
Over the course of the next ten years,
Sequester will reduce Central spending to 43.7 trillion, from the proposed 44.8 trillion as a result of an in-place process called “services
baseline spending” (code for “automatic spending”).
Want to avoid the Sequester?
Tell Obama to get his behind to the negotiating table and work out a
compromise budget, one that puts this country
on track to balance its budget over the next ten or twenty years.
Problem: since Obama
does not understand “negotiating” as a legislative process, and does not think spending is a
problem, anyway, conservatives in congress have decided to let
the Sequester to go into force. They no longer care who gets the blame and have gone on record, these last two weeks, saying "We care, this country's future enough to accept cuts to military if that means we get effective cuts to entitlements."
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