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The Defense Department "Sequester" – a budget gimmick originally described as "ridiculous" by Harry Reid and the President's Chief of Staff – has become a Gordian Knot that the White House and Congress have so far failed to unravel. Originally scheduled to be force implemented on January 1, 2013, it escaped solution during the New Year's Eve fiscal cliff fiasco. Instead, the problem was just kicked down the road a few more weeks with a new drop-dead date of March 1.
Rather than providing relief, the legislative inaction accentuates uncertainty and compresses even further the time...
Panetta Warns of Hollow American Military Force