On the recordJuly 30, 2011
The deal includes an automatic sequester on certain spending programs to ensure that at least $1.2 trillion in deficit reduction is achieved by 2013.
Source
presidency.ucsb.edu“The deal includes an automatic sequester on certain spending programs to ensure that at least $1.2 trillion in deficit reduction is achieved by 2013.”
Fact Sheet: Bipartisan Debt Deal: A Win for the Economy and Budget Discipline
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I think when we act on that basis, it doesn't always work out, but over time things do get better.
If I had a blame pie for why politics is so polarised and why we're seeing a rise of populism in many places, it's because of that information that is going into our brains every day.
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