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Most entitlements, such as pensions and health-care, are excluded, which makes the reduction in the rest more severe: 13% in defence spending for the next seven months and a 9% cut to other domestic discretionary programmes.After long insisting that the sequester was too horrible even to contemplate, the Obama administration has finally begun to give details of its implementation.
With most entitlements off limits and Mr Romney wanting to boost defence, that leaves domestic discretionary spending, such as research, education, roads and law enforcement.
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Most entitlement programs have very specific rules governing the treatment of trust funds.
The public does not seem to be in a panic over the spending cuts, especially because most entitlement spending will not be affected.
Farm programs are among the most entrenched entitlements in Washington.
"But I have tremendous concern about creating what I am confident will become one of the largest, most expensive entitlements in the nation's history".
"In Italy, we still lack even the most fundamental entitlements," said Domenico Pasqua, one of the men whose marriages were recognised on Saturday.
Aggression is so serious because it involves the infliction of physical force in violation of the most elemental entitlements people and their communities have: to survive; to be physically secure; to have enough resources to subsist at all; to live in peace; and to choose for themselves their own lives and societies.
Their cry would have been, "The deficit, the deficit!" and their cheering would have been deafening as their decades-old dream of ending one of our most successful entitlements came ever-closer to realization.
Although his latest offer to Republicans involved only the most modest entitlement reforms, it seems safe to assume that he has left himself some bargaining room.
This is no radical overhaul of America's most expensive entitlement, but at least it is a start.Two things, however, mean this may not come to very much.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com