Sunday, March 3, 2013

Unit 3

The Sequester That Wasn't Meant To Happen Begins
Link:http://www.npr.org/blogs/itsallpolitics/2013/03/01/173276447/the-sequester-that-wasnt-meant-to-happen-begins

      Many in Washington D.C never thought that they would have to come to an agreement to cut spending. The thought of cutting money from the federal budget was not a thought that cross the mind of the congress. Most spending cuts would be towards the Defense and domestics programs from the budget. Things in Washington are not what President Obama thought they would be from what he had planned. Most parties have demonstrated how defective they could be in this time being. Most Republicans would be more defensive when it comes to not cutting any money that goes towards the military and Democrats on federal spending, but both parties did not seem to be effected by so. However Republicans see it as a small advantage because they would get 1.2 trillion in overall federal spending cuts over 10 years. This in hand would also help the GOP with small government/low tax identity and would also have less public backfire with the sequester. On the Other hand Democrats are more alarmed with large federal spending cuts.  With the budget sequester it will in hand force both Democrats and Republicans to come to a compromise with the budget.  


Those in Washington seem to be the ones who are untouched with the upcoming sequester. Programs and benefits are being cut that are quite essential to the poor. Those in the upper class will be paying higher taxes when the sequester is approved.
Some will be happy beacuse those who have a bigger paycheck at the end of the day pay more taxes later on but  tax increases will hurt jobs more than budget cuts. Over $85 billion will be cut in in 2013, in the coming years however, the amount that is cut will increase. 


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