Sequestration Cuts to be Triggered on Friday
Congress still has a few days to act, but compromise on a federal deficit-reduction plan appears to be less likely by the hour. Radio PA’s Matt Paul caught up with US Senator Bob Casey (D-PA), Tuesday, to discuss the so-called sequester:SEQUESTER
US Senator Bob Casey
Casey’s reference to 78,000 lost jobs in the Keystone State is based on a 2012 study from George Mason University. The other consequences Casey alludes to are largely based on data released by the White House this week.
Senate Democrats’ revenue-raising plans would target the wealthy, but Republicans in Congress believe the savings must be accomplished through spending reductions. Last session, the GOP-controlled House passed two measures, which Speaker John Boehner called “smarter cuts.”
