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De Omnibus Dubitandum - Lux Veritas

Friday, February 8, 2013

The true story of sequester



By Bill Wilson
A little discussed impact of sequestration, due to take effect on March 1, is the fact that after 2014, spending will increase every single year in both defense and non-defense categories, reports the Congressional Budget Office (CBO).  In addition, there are real spending cuts, but they come nowhere near to totaling the $1 trillion figure that has been reported by various government agencies, including the CBO, not to mention media outlets and even this organization, Americans for Limited Government.
That is, not the way you, I, or any sane human being would define a cut — which is simply how much less one will be spending from the prior year.  In Washington, D.C., a “cut” is how much less spending will increase from the government’s preplanned wish list.  Keep those distinctions in mind as you read forward. The cuts we will be discussing are the common sense, how-much-spending-will-actually-be-reduced-from-the-prior-year frame of reference. Because that’s the only number that actually makes sense, or even matters to the American people.
Now to the cuts….To Read More……

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