Mar 06, 2013 | By Marge Clark, BVM
Sequestration has gone into effect! It is a reality. What does it mean, and why did it become necessary?
The simple answer to the last question is that in August 2011 a deal was made, allowing the federal government to borrow money to continue paying the bills it had already accrued. The Budget Control Act (BCA) was put into place. It did two BIG things:
Congress did not do the job so the dire consequences are with us. Most of us have yet to feel them, but that will come.
But, how did we get to the point of needing to make such cuts? A better, more interesting explanation than what I would give is found here. Take a look. Think about and evaluate what you hear on the news, or see in papers. Is it true, what some members of Congress say, that we spend too much on non-defense programs, which help people? The non-defense discretionary spending has gone from a mere 16% of the federal budget to an even smaller 14% over the last five years.
At NETWORK, we keep saying:
For more information, click here.