Saturday, March 2, 2013

Obama formally orders 'deeply destructive' sequestration cuts, blames Congress

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Obama formally orders 'deeply destructive' sequestration cuts, blames Congress

In a key revelation, President Obama identified a way for Republicans to prevent the sequestration fight from precipitating a government shutdown.

Are you ready for sequestration? If you're like most Americans, you really have no idea. While polls show that most voters don't like the sound of the sequester, they also don't know much about it. According to a Pew Research survey released this week

As Washington jumps on the austerity bandwagon, the harsh cuts are scheduled to kick in at midnight Friday, with no possibility of a last-minute deal in sight.

The president also drew Twitter snark when he said that when it comes to negotiating with Congress on issues like averting the sequester, “I am not a dictator. I'm the president.” — a line that comes hours before sequestration is set to kick in. Here

What is Sequestration? Sequestration, sometimes called the sequester, is a process that automatically cuts the federal budget across most departments and agencies. Congress included the threat of

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