2013 Essays

Fiscal Ultimatum Fatigue

Mitchell, Lincoln A.

The possibility of a range of spending cuts beginning automatically on March 1st due to the sequester remains very real with only a few days remaining until the deadline. The sequester will cut spending, but also likely impact economic recovery and growth. While some may laud the sequester for finally reducing spending, it is also a clumsy tool for making policy relying upon broad, but moderate, cuts rather than more well thought out cuts to specific programs. Despite this, few ordinary Americans are too concerned about the potential sequester.