Wednesday, March 20, 2013

Investopedia: Sequestration - What Will It Do, And What Should You Do?

With the deadline having come and gone with no real action from Congress, sequestration is now the reality of the U.S. economy. Originally designed as an unthinkable, unacceptable, avoid-at-all-cost-because-it's-too-horrible-to-contemplate “trick,” in order to force Congress to negotiate and achieve long-term plans for a better balance between spending and revenue generation (taxes), Congress instead decided to think the unthinkable and let it happen.

Please continue here:

No comments: