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If Obama Gets His Way on Sequestration

Davole Wrote: Feb 22, 2013 10:00 AM
Barack Otrauma truly owns the sequestration - it's his baby, and he has purposely chosen to ensure that it is not aborted!

Just when you see things improving, and you hope that the recovering housing market can be sustained, comes President Obama telling us the world will end if the sequester he created during the 2011 debt ceiling fiasco goes into effect.

If you recall Republicans agreed to a $2.4 trillion increase in the debt ceiling, that Obama promptly spent in sixteen months, in exchange for $1.2 trillion in cuts that were to be determined by a ’super-committee’. Should the super committee fail to agree on what was to be cut, automatic cuts would be made equally to discretionary spending and...