The March 1 Sequestered Spending Cuts—Why A Deal Won’t Happen This Time Around
Dr. Jack Rasmus provides his analysis of why a deal won’t happen by Friday, March 1, and the sequestered spending $1.2 trillion ($85 billion in 2013) will take place. Dr. Rasmus explains why this time is different from the deal cut January 1 on the so-called Fiscal Cliff. What’s the likely impact of the March 1 cuts on the weakening US economy and on jobs, services, etc.?What are the last minute maneuver...
The March 1 Sequestered Spending Cuts—Why A Deal Won’t Happen This Time Around
Dr. Jack Rasmus provides his analysis of why a deal won’t happen by Friday, March 1, and the sequestered spending $1.2 trillion ($85 billion in 2013) will take place. Dr. Rasmus explains why this time is different from the deal cut January 1 on the so-called Fiscal Cliff. What’s the likely impact of the March 1 cuts on the weakening US economy and on jobs, services, etc.?What are the last minute maneuvers by Teapublicans in the House and Obama and Democrats? What’s behind the Republican strategy and why will it prevail over the Democrats? Why do Democrats get outmaneuvered repeatedly by the Republicans? What’s ahead for more deficit cutting by March 27, May 18, and later in 2013?
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