verb (used with object)
With headlines such as these it’s no wonder all the little chicks are screaming the sky is falling:
Sequester cuts will devastate Head Start -SFGate
As sequester nears, immigration detainees are released- Washington Post
Kentucky and Indiana would feel federal spending cuts from defense to parks- Courier Journal
Outgoing Defense Secretary Leon Panetta has said the looming defense spending cuts will “hollow out” America’s military. House Speaker John Boehner, R-West Chester, has called the cuts a threat to national security.- Cincinnati.com
Department of Homeland Security releasing illegal immigrants before sequesterhttp://bit.ly/Y0HzcU Redlands Daily Facts
Here’s a section taken from the White House
Propaganda Government Website- this is specific to Arizona the state in which I reside:
If sequestration were to take effect, some examples of the impacts on Arizona this year alone are:
- Teachers and Schools: Arizona will lose approximately $17.7 million in funding for primary and secondary education, putting around 240 teacher and aide jobs at risk. In addition about 19,000 fewer students would be served and approximately 70 fewer schools would receive funding.
- Education for Children with Disabilities: In addition, Arizona will lose approximately $10 million in funds for about 120 teachers, aides, and staff who help children with disabilities.
- Work-Study Jobs: Around 2,310 fewer low income students in Arizona would receive aid to help them finance the costs of college and around 330 fewer students will get work-study jobs that helpthem pay for college.
- Head Start: Head Start and Early Head Start services would be eliminated for approximately 1,000 children in Arizona, reducing access to critical early education.
- Protections for Clean Air and Clean Water: Arizona would lose about $2.1 million in environmental funding to ensure clean water and air quality, as well as prevent pollution from pesticides and hazardous waste. In addition, Arizona could lose another $1.1 million in grants for fish and wildlife protection.
- Military Readiness: In Arizona, approximately 10,000 civilian Department of Defense employees would be furloughed, reducing gross pay by around $52.5 million in total.
- Army: Base operation funding would be cut by about $43 million in Arizona.
- Air Force: Funding for Air Force operations in Arizona would be cut by about $6 million.
- Law Enforcement and Public Safety Funds for Crime Prevention and Prosecution: Arizona will lose about $298,000 in Justice Assistance Grants that support law enforcement, prosecution and courts, crime prevention and education, corrections and community corrections, drug treatment and enforcement, and crime victim and witness initiatives.
- Job Search Assistance to Help those in Arizona find Employment and Training: Arizona will lose about $781,000 in funding for job search assistance, referral, and placement, meaning around 26,360 fewer people will get the help and skills they need to find employment.
- Child Care: Up to 500 disadvantaged and vulnerable children could lose access to child care, which is also essential for working parents to hold down a job.
- Vaccines for Children: In Arizona around 2,570 fewer children will receive vaccines for diseases such as measles, mumps, rubella, tetanus, whooping cough, influenza, and Hepatitis B due to reduced funding for vaccinations of about $176,000.
- Public Health: Arizona will lose approximately $611,000 in funds to help upgrade its ability to respond to public health threats including infectious diseases, natural disasters, and biological, chemical, nuclear, and radiological events. In addition, Arizona will lose about $1.9 million in grants to help prevent and treat substance abuse, resulting in around 4,500 fewer admissions to substance abuse programs. And the Arizona State Department of Health Services will lose about $186,000 resulting in around 4,600 fewer HIV tests.
- STOP Violence Against Women Program: Arizona could lose up to $132,000 in funds that provide services to victims of domestic violence, resulting in up to 500 fewer victims being served.
- Nutrition Assistance for Seniors: Arizona would lose over $1 million in funds that provide meals for seniors.
The “Nationwide” Impact bullet points weren’t so terrible. Getting rid of TSA is not a bad thing in my opinion. Both Republicans and Democrats are always looking for a reason to allow
slave labor illegals into the US for cheap labor and if they get citizenship it just is a bonus for everyone since they will be new tax revenue generators. Really, read through the “National” effects and you’ll see it isn’t all that bad. Don’t buy into the hype and there’s plenty of that. Don’t forget while you’re reading the Potus himself came up with this plan. As much as Obama desires to blame the Republicans for being obstinate, he’s the one who appears to be withholding progress.
Obama Rejects Plan For More Say In Spending Cuts- CBS DC
Gov. Bobby Jindal To Obama: Stop Scaring The American People-Fox2now St. Louis
In economics, austerity refers to a policy of deficit-cutting by lowering spending via a reduction in the amount of benefits and public services provided. Austerity policies are often used by governments to try to reduce their deficit spending and are sometimes coupled with increases in taxes to demonstrate long-term fiscal solvency to creditors.
Supporters of austerity predict that under expansionary fiscal contraction (EFC), a major reduction in government spending can change future expectations about taxes and government spending, encouraging private consumption and resulting in overall economic expansion.
Critics argue that, in periods of recession and high unemployment, austerity policies are counter-productive, because: a) reduced government spending can increase unemployment, which increases safety net spending while reducing tax revenue; b) reduced government spending reduces GDP, which means the debt to GDP ratio examined by creditors and rating agencies does not improve; and c) short-term government spending financed by deficits supports economic growth when consumers and businesses are unwilling or unable to do so.Source Here
Don’t lose sight people, this may turn out to be either the most devastating act of Obama onto the American people or, it’ll be a huge facade of nothingness like the Fiscal Cliff, the Debt Crisis, and that great Recession he ‘inherited.’
Source of Obama Cartoon was this article: Phil Gramm: Obama and the Sequester Scare
“For a typical American family that earns less than it did in the year President Obama was elected, the anguished cries and dark predictions coming out of the White House should elicit not sympathy but revulsion.
When the 1985 sequester was created, the formula for cuts was closely examined, debated, amended and agreed to by a Democratic House and a Republican Senate and White House. Today’s sequester is denounced because of the allegedly arbitrary nature of its across-the-board cuts. Yet the sequester formula that goes into effect on Friday preserves the spending priorities legislated by the Congress and the president, including exemptions and limitations they favored when the Budget Control Act of 2011 became law. The president himself first proposed the sequester. He may not like the way it works, but he has offered no real alternative.” Click here for more