If Congress doesn't act soon, more than $85 million in automatic spending cuts will hit programs that provide everything from national defense to early childhood education. It's the latest in a series of budgetary crises that started with the deal to raise the debt ceiling in 2011. We'll talk to Rep. Dina Titus, who represents District 1, about the possible impacts of sequestration on Southern Nevada, and what will happen if the cuts come to pass.
I see no problem at all with sequestration cuts because 1) the federal budget has, shockingly, doubled in just the last 10 years, and 2) the 2.5% overall cut is not, as I understand it, even a cut per se, but just a decrease in planned increases, i.e. the total money spent on government will still increase even with the sequestration. If we somehow can't implement and survive such truly trivial reductions in spending, how will we ever balance the budget long-term? My guess for the end-game is that Uncle Ben will give us a bunch of green-inked paper and tell us we're all wealthy.Tom Hurst –Feb 26, 2013 15:54:45 PM