Now it's time for those cuts* to happen (well, not really cuts at all, but reductions in the growth of spending increases. Even with sequestration, our ballooning federal deficit will increase) so Mr. Obama is furiously spinning the cuts as 'Republican cuts'.
We should remind Mr. Obama that these cuts won't hurt him one little bit. Just sit back, smile, drink a little bit of the magical potion M'Chelle brings you; you'll dream some tremulous dreams. When you wake up, you'll be...
SEQUESTERED!
*from Politifact...
Certain programs are protected from sequestration cuts entirely, including Social Security, federal retirement payments, veterans compensation, Medicaid, Pell Grants, food stamps, Supplemental Security Income, and veteran's health programs. The administration will also be able to shield military personnel from cuts. Meanwhile, Medicare cuts are limited to 2 percent -- well below the 7.9 percent cuts that most types of defense discretionary funding will tentatively face, and the 5.3 percent cuts in store for non-defense discretionary funding.
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