Sequester deadline day is here, but the effects won’t be instantaneous

 

Source: Tom Curry, NBC News (MSNBC.com) ( Free Registration )

It’s Friday, March 1, and that means the federal government has crossed the much-hyped and dreaded deadline for the fiscal reductions known as the “sequester.”

The members of Congress who for voted for the Budget Control Act – and the budget cuts contained within – and President Barack Obama who signed it into law on Aug. 2, 2011, may not have believed the day would arrive, but now it has.

But today is only the beginning of the beginning.

Read Full Article: Sequester deadline day is here, but the effects won’t be instantaneous

Tags/Keywords

jobs, congress, employment, economy, government, sequestration

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