I like across the board spending cuts. Make/let the department heads figure out what to cut, their judgement is bettter and it is their job. The buzz word 'sequester' followed by heat but no light made it sound like defense was the only one cutting, like the last time. Libs still owe us 20% cuts in everything except defense, since defense too their cuts. Did Paneta have enough time to really mess things up? Time will tell. Putting angry women in charge as he was leaving may be enough to do it.