Leid Stories - After Their Break, We Won’t Get One - 02/25/13

Fresh from a one-week break—the extremely urgent business of the nation put on hold so they could relax and do nothing—Congress and President Obama return to “work” today, ready to resume their familiar partisan prating about who’s responsible for … doing nothing. But it’s Sequester Deadline Week, isn’t it? All hell is supposed to break loose if, by Friday, the well-rested parties haven’t hammered out a plan on how to pare down the budget by $1.2 trillion over the next 10 years (Leid Stories predicts: Both parties will agree to sequester the sequester until next year).

Plus, Ethan Pollack of the Economic Policy Institute with why the folks on Capitol Hill are missing a crucial point about the deficit.