March 12 2013
As IWF Policy Analyst Emily Wismer recently wrote: President Obama claims there is "no smart way" to implement the $85 billion in cuts called for in the sequester (which are actually around $50 billion, according to Wall Street Journal Editorial Board Member Steve Moore). The American people shouldn’t buy it. In fact, they should be furious that the Administration is deliberately implementing the sequester in the stupidest way possible. Instead of targeting wasteful spending—and everyone knows there is plenty of wasteful spending in our $3 trillion federal budget—and minimizing the number of Americans impacted by spending cuts, they are trying to make cuts hurt to prove a point.