“Sequester” typically refers to the cancellation of budgetary resources after enactment. This is true for direct spending subject to the BCA’s deficit reduction sequester, but in the case of discretionary funding, the “sequester-level spending caps” constrain total appropriations, rather than reduce funding after enactment.
Eight years ago, the new Obama Administration faced the worst economic crisis since the Great Depression, with record deficits and massive job losses. Since then, successful efforts to create jobs and grow the economy have created a solid foundation to pass along to the next President.
Many of the proposals, described as mere budget process changes, are designed to cut Medicare and other benefits crucial to millions of Americans without Congress having to vote for specific benefit cuts.
(Originally published February 1, 2016)
For several years now, House Republican leaders have professed an interest in overhauling the nation’s anti-poverty safety net. They lay out an abstract vision to “strengthen America’s social safety net to better help those in need…and empower everyone to live their own American Dream.”
The 2017 House Republican budget resolution is a deeply divisive plan to protect wealthy and powerful interests at the expense of everybody else and of America's competitiveness.