Impending Sequestration: A Devastating Policy Designed to Encourage a Big, Bold and Balanced Plan
The sequestration cuts scheduled to take effect were designed as a worse-case scenario to encourage a bipartisan agreement to address our fiscal challenges. If these cuts are carried out on January 2, 2013, they will have a devastating impact on our national security, critical domestic programs, and our economy writ large. The best solution to sequester is a big, bold and balanced plan – an idea supported by a bipartisan range of experts and officials.
http://www.democraticwhip.gov/sites/def ... 071912.pdf