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The Sequester Policy

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The Sequester Policy

What is the sequester policy that you have heard so much about? Well, the sequester policy is a big package of policy cuts that is a part of the BCA act (Budget Control Act). This act was passed in August of 2011. The budget cuts are supposed to equal over a trillion dollars total! This is supposed to continue from the year of 2013 to the year 2021 divided perfectly in the 9 year time period. They are also evenly split between defense spending and discretionary spending, which is spending on things like medicaid and social security. Just for the year of 2013, the cuts total cost came to a total of one hundred and nine billion dollars. (Suzy, 2012). The Sequester was actually designed in 2011 to force The Joint Select Comittee on The Super-committee to agree on a reduction package. The sequester will dramatically save a lot of money each year, saving 940 billion dollars and interest by 200 billion dollars. Nine tenths of the savings actually come from discretionary appropriations. Majority of the madatory programs, this including (social security, medicaid, food stamps, and verterans' benefits) are not included for the sequestation. Of course there are more that will be exempt, but those are the fast majority of them. Not only will the defense spending be cut by almost ten percent, while the majority of the non-exempt, non-defense spending by nearly seven percent, medicare by two percent, and other madatories by seven percent. (Understanding the Sequester. 2010, January 1). With the expiration of Bush's tax cuts and the payroll cut, this would have greatly resulted to a huge contraction, almost positively throwing the United States into yet, another recession. The two poilicies together became known as the fiscal cliff. (Mathew, D. 2013) The Sequester Policy is by far the most emblematic of Washington. Behind the demagoguer, lingered

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