Posts tagged 'Sequestration'

Kill the old, sequestration edition

Quite a few analyses of the sequestration cuts have noted that they do little to address the sources of longer-term budget deficits, which are mainly the result of expected health care costs.

Matt Slaugher of Tuck Business School and Matthew Rees of Geonomica argue something similar but take a slightly different approach, emphasising which generations the cuts are punishing most: Read more

The sequestration cuts and the state of the states

Lots of talk about the sequester Tuesday, with Obama’s speech and the CBO report assuming that most of the cuts (or compensating cuts of equal amount) will actually take effect.

Long story short: the cuts would add to further budget deficit reduction this year but also contribute to slower economic growth, naturally. Read more