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"The trigger mechanism that you talk about, the sequestration, is onerous for a reason.
"It's an awful, awful piece of legislation," former Treasury Secretary Bob Rubin groused about the sequestration.
The only story that one needs to understand about the sequestration is that it will happen because Republicans won't raise taxes.
Public perception of risks associated with CCS may arise due to concerns about the sequestration technology and potential leakage of CO2 [67].
William McCormick of Roanoke, Va., volunteered to give up his own daily meals when he heard about the sequestration cuts on the news.
You may be wondering about the sequestration, the series of across-the-board cuts that began going into effect earlier this year weren't those supposed to slash the Pentagon's budget, and by extension, the revenues of defense contractors?
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If there's good news, it's that your Congresscritters, having gotten what mileage they can out of the White House tours story, have now taken to NIMBY-ish whinging about how the sequestration is affecting life in their districts, and the trajectory of the story is finally headed into the world of real problems.
But the truth is that nothing of any substance will be done in regards to the deficit and debt because if politicians, the MSM and Wall Street really wanted to cut the amount of red ink they wouldn't be so alarmed about having the sequestration go into effect.
Lew is right about one thing: the sequestration cuts are not a question of "one side" winning or losing.
The deal under discussion, as far as I can tell, is to offset about $60 billion of the sequestration cuts in 2014 and 15, with most of the offset next year.
There was a lot of wailing and gnashing of teeth before the sequestration about all the terrible things that would happen, but it turned out not to be so bad.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com