Sequestration would force the government to reduce discretionary spending by about $1.2 trillion over the next decade. Roughly half of that, or $600 billion, would come from defense -- a...
That's an excellent book that debunks a lot of economic fallacies. It's always encouraging to find someone else with sense on here.
Republicans, and many Democrats, are upset by the prospect of so-called sequestration cuts to the nation's defense budget. Pentagon chief Leon Panetta is so alarmed that the day before the Senate took up what became the "fiscal cliff" agreement, he called a key Republican lawmaker, Sen. Lindsey Graham, to express deep concern that the cuts might go into effect. As it turned out, Congress put them off for two months.
- WaPo editors: Say, this ISIS intervention looks a wee bit “underpowered,” no? Ed Morrissey 21 mins ago
- ObamaCare subsidies funding abortion coverage: GAO Ed Morrissey 1 hour ago
- Quotes of the day Allahpundit 10 hours ago
- Super: NASA’s asteroid avoidance program is on par with the rest of the federal government Mary Katharine Ham 11 hours ago
- Adrian Peterson: “I am, without a doubt, not a child abuser.” Jazz Shaw 11 hours ago
- Video: Florida mom arrested, charged with child neglect for letting her seven-year-old have a sip of whiskey Allahpundit 12 hours ago