Sequestration

[Anonymous]

Do you expect it to happen, and, if so, what do you anticipate the impact on your family's finances would be?

[Anonymous]

I expect it to happen - but I think they will likely pass something not too long afterwards to amend it. That said - I am a fed and a single parent. So it could impact us. I have saved three months of living expenses although I hate to have to use them.

[Anonymous]

Yeah, I think it'll happen and two months later they'll put the breaks on.

Remember, the cuts are phased in.

At the end of the day, people like government. That's what Republicans don't get.

[Anonymous]

Anonymous wrote:
At the end of the day, people like government. That's what Republicans don't get.

People only like it when they need something from it - like disaster relief or social security. Other than that they really hate it, and federal employees especially.

[Anonymous]

Anonymous wrote:Do you expect it to happen, and, if so, what do you anticipate the impact on your family's finances would be?

I have no idea if it wil happen. I anticipate no short terms issues, but I expect longterm issues if it lasts.

[Anonymous]

Anonymous wrote:Yeah, I think it'll happen and two months later they'll put the breaks on.

Remember, the cuts are phased in.

At the end of the day, people like government. That's what Republicans don't get.

Oh they get it, but they also get it that continual annual deficits of $1 trillion and a national debt of 16+ trillion is unsustainable. That's what democrats don't get.