The Sequester Will Be Good for The Economy –CATO
(FOX Nation) During the month of February as Campaigner-in-Chief Barack Obama was whining about the sequester and warning Americans they would see dramatic effects in their lives if “sequestration” kicked in, the federal debt climbed by $235.5 Billion
That one month increase in the national debt was nearly 6 times as much as the $44 Billion in spending cuts the Congressional Budget Office estimates will take place in all of FY 2013 as a result of sequestration.
Related: Credit Rating Agencies Shrug Off Sequester-More Cuts Needed
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