Why Everything Republicans Are Saying About The Sequester Is Wrong: pBarring a last minute Congressional compromise, $85 billion in automatic across-the-board cuts will go into effect in the next 72 hours as a result of the sequester mechanism included in the 2011 Budget Control Act. Republicans — many of whom voted for the BCA and have for years championed deep spending reductions — are hoping [...]/p
THERE WAS NO LAST MINUTE COMPROMISE, MEANING THE SEQUESTER SPENDING CUTS WILL LIKELY GO INTO EFFECT FRIDAY, MARCH 1. ... Toney Atkins
The above link is from ThinkProgress.org
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