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Reply to "Repeal the Sequester"
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[quote=Anonymous]failed its purpose? Only if you feel that the only purpose was to force legislators to balance the budget. The point of the sequester was to ensure that we spend less starting this year to ensure that we can start paying down the deficit. Congress had the option to come up with an alternative way to balance the budget whether by increasing revenue (raising taxes, closing tax loopholes and shelters) or decreasing spending in a planned way. But the intent of the sequester was that either the Congress planned a way to do it intelligently or it would be done in the most balanced way possibly regardless of how inane that balanced way was. The money comes equally from Republican and Democratic sacred cows. The better way to improve the situation is for the Congress to actually do their job, negotiate, compromise and pass a financial plan that will reduce the overall economic impact by some combination of increased revenue and/or decreased expenditure that will have the same effect and can replace the mindless sequester. It's amazing that in the last 6-8 months that they've known this was happening and the two houses of the US Congressional kindergarten could not learn to "share" and "play nice". Both sides grabbed a toy out of the other kids hands and ran screaming "mine! mine! mine!" [/quote]
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