Tuesday, February 19, 2013

Truth About Sequestration " Obama is urging Congress to offset the sequestration budget cuts with more tax increases" Sequestration leaves many programs like Social Security, welfare, food stamps, and Medicaid untouched, while having devastating effects on national security




Federal budget cuts called “sequestration” are scheduled to hit in just 10 days. The sequestration cuts are not perfect—they’re a blunt instrument to cut spending, rather than a deliberative plan that sets priorities, trims entitlements, and cuts other spending. But they are law.

t would be better to replace them with smarter cuts, but the reality is that Washington has to start cutting spending now. Real program reforms and a balanced budget are the only way to solve our continuing fiscal crises. So it is critical that Congress keep its word and follow through on these spending cuts to prove it is serious about bringing our budget into balance over the next 10 years.
Now that the March 1 deadline is approaching, the t would be better to replace them with smarter cuts, but the reality is that Washington has to start cutting spending now. Real program reforms and a balanced budget are the only way to solve our continuing fiscal crises. So it is critical that Congress keep its word and follow through on these spending cuts to prove it is serious about bringing our budget into balance over the next 10 years.

Now that the March 1 deadline is approaching, the President is urging Congress to offset the sequestration budget cuts with more tax increases.
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The Heritage Foundation is the nation’s most broadly supported public policy research institute, with more than 453,000 individual, foundation and corporate donors. Heritage, founded in February 1973, has a staff of 244 and an expense budget of $61 million.
Our Mission

To formulate and promote conservative public policies based on the principles of free enterprise, limited government, individual freedom, traditional American values, and a strong national defense.


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The Heritage Foundation is the nation’s most broadly supported public policy research institute, with more than 453,000 individual, foundation and corporate donors. Heritage, founded in February 1973, has a staff of 244 and an expense budget of $61 million.
Our Mission

To formulate and promote conservative public policies based on the principles of free enterprise, limited government, individual freedom, traditional American values, and a strong national defense.

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