At midnight, the axe falls on massive cuts to the federal budget in the “sequester,” a budget adjustment agreed to by Democrats and Republicans back when they agreed on even the stupidest ideas.
The sequester cuts were supposedly designed to punish the priorities of both parties, making them distasteful to all politicians and thus more likely to be averted. But with the deadline drawing near, Republicans are hoping to preserve cuts to defense programs and increase the cuts made to domestic spending, including “entitlement” programs like welfare.
And while both sides stand to lose something politically, the odds are better of Democrats coming out of the sequester on top, says George Zornick.
See the story at The Nation.