Just as computers worldwide did not crash on January 1, 2000, in the "Y2K" scare and Earth itself did not shatter on December 21, 2012, as some interpreters of the Mayan calendar predicted, March 1, 2013, will not be remembered as the day the U.S. government disintegrated.
The Obama administration and even some Republicans are warning of mass government layoffs and services collapsing when "sequestration" begins in 10 days, unless a gridlocked U.S. Congress finds a way to circumvent the start of the $85 billion in federal budget cuts.
But what actually happens on March 1?
"Nothing. Nothing happens," said a senior congressional aide who is keeping a close eye on the looming budget cuts.
http://www.reuters.com/article/2013/02/20/us-usa-fiscal-cuts-idUSBRE91J02C20130220
No comments:
Post a Comment