Rutgers Professor Explains the Sequester
Rutgers University professor Rosanne Altshuler discusses what the sequester is, what it would do and what programs are affected.
Editor's note: The following story is courtesy of Rutgers Today. Deep federal budget cuts – known as the sequester – are set to take effect on Friday unless Congress and the president can come to an agreement to stop them. President Obama has painted a dire picture of the economic consequences if the across the board cuts go through, while Republicans have resisted attempts at a compromise that would involve raising additional tax revenue. Professor Rosanne Altshuler, chair of the Economics Department at Rutgers, explains how the cuts came to be, what areas of the economy will be affected and what sequester means to higher education. Altshuler is former director of the Urban-Brookings Tax Policy Center and served as Senior Economist to the…
Bill
8:53 am on Friday, March 1, 2013
Odd how so many on here seem to think they know more than someone who studies this stuff for a career. If 2.4% is so little, then why are conservative and Republicans (not necessarily the same) also in fear of the sequester? Instead of criticizing the author or throwing around labels like a bunch of children, offer some solutions. Participate in grown up conversation. Otherwise, you're just … more ›