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FEB 25, 2013 - Zero Hedge

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The Sequestration Debate Misses the REAL Issue

With sequestration set to go into effect in a few days, everyone is talking about it (via Google trends): Sequestration means across-the-board cuts in government spending, split 50%-50% between the military and domestic spending. As this post will show, the hypocrisy surrounding the sequestration debate is stunning. For example, president Obama says that sequestration is the GOP’s fault. But Bob Woodward and YouTube reveal that Obama supported sequestration from day one. And Dems obviously want to slash military spending and protect domestic programs, while the GOP wants to slash ... Read More

Tags: The Sequestration Debate Misses the REAL Issue,  Petroleum Latest News