Once upon a time, in a magical kingdom far, far away, there was a little village that was about to be taken over by a furious dragon. The king named the dragon Sequester. The Sequester was kept in a cage in the kingdom's castle. He was held by the king as a threat to get his people to listen to him, but one day the threat had worn thin and no one was scared of the "fierce" dragon so the king did something a little ballsy...He released the Sequester....
Okay so basically, the Sequester is "A series of automatic, across-the-board cuts to government agencies, totaling $1.2 trillion over 10 years. The cuts would be split 50-50 between defense and domestic discretionary spending"(CNN). The Sequester was only supposed to scare congress into making a decision but it didnt work and now it is being implemented. Way to go, Mr. President. According to the Washington Post, the sequester isnt ALL bad. "Social security checks wont shrink, medicare and veteran programs won't be spared and food stamp programs will be saved." I'm thinking if anything, i'll feel the effects of the sequester only when im on my way to Ireland, or Thailand, or some adventurous foreign country and the lines at the airport are a mile long. Looking at it as a big picture, it could be worse.. "The cuts were originally slated for $109 billion this year, but after the fiscal-cliff deal postponed the sequester for two months by finding alternate savings, the sequester will amount to $85 billion over the next 10 months. In 2013, non-defense programs will be cut by nine percent, and defense programs will be cut by 13 percent" So i mean really, who is scared of a little flying lizard anyways?
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