[elklindo69]

From the bonester himself

http://www.thedailybeast.com/content/da ... oehner.pdf

ENTITLEMENT REFORMS & SAVINGS
‣ Sets up a new sequestration process to cut spending across-the-board – and ensure that any debt limit
increase is met with greater spending cuts – IF Joint Committee fails to achieve at least $1.2T in deficit
reduction.

‣ If this happens, POTUS may request up to $1.2T for a debt limit increase, and if granted, then across-theboard spending cuts would result that would equal the difference between $1.2T and the deficit reduction
enacted as a result of Joint Committee.

‣ Across-the-board spending cuts would apply to FYs 2013-2021, and apply to both mandatory &
discretionary programs.

‣ Total reductions would be equally split between defense and non-defense programs. Across-the-board
cuts would also apply to Medicare. Other programs, including Social Security, Medicaid, veterans, and
civil & military pay, would be exempt.

‣ Sequestration process is designed to guarantee that Congress acts on the Joint Committee’s legislation
to cut spending.

[BilboBagend]

It is necessary for the malignant dishonest morons to ignore this simple fact.

[RealJustme]

It is necessary for the malignant dishonest morons to ignore this simple fact.

You nailed it. Obama has over spent and his over spending has only worsen the condition of this country. Obama hasn't been able to pass a budget since he's been in office, in fact 100% of Congress including every Democrat voted against Obama's last proposed budget as being insane. Obama insisted on sequestration and now it appears he's going to get it...but as usual dishonest morons are ignoring the facts.