Sequestration – in amounts to 2% of the budget, but there is no budget. It means that government does not increase its spending by 2%. Right now we are borrowing $.35 of every dollar from China. So with sequestration, starting it means we will only borrow $.33 of every dollar from China. Ultimately, this helps us to spend less. We’ll spend as much as we did last year, but we will have LESS INCREASE in spending in the coming year.
So don’t let Obama scare you. All his claims are false.. The Emperor has no clothes.