Read Our Commentary in The New York Times
The Sequestration Budget Cuts: The Clock Is Ticking.
The budget talks continue, and here are four graphs that sum up the situation. Kevin Drum says there is no sequestration deal to be made. Matt Miller says the sequestration is overhyped. Alex Seitz-Wald believes you should be afraid. Deborah Solomon says that a new proposal from Alan Simpson and Erskine Bowles “shows how Washington’s affinity for small deals that tackle the deficit incrementally are deepening the nation’s fiscal hole.” Michelle Benjamin says that Congress should employ basic small-business principles to help balance the budget. Officials at the Federal Reserve disagree on how to increase employment.
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