Sequestration. It’s a big word that most people have never heard before. Constant repetition in the media doesn’t help explain or define it, and the implications of what is pending (barring a last minute deal) are brutal.
The word “sequester” means to “set apart”. In this case, $108B per year is planned to automatically be set aside from the US Budget, half from the military and half from other discretionary programs (that is, not including Medicade and other entitlements). This is not a sequestration, it is a meat axe to the budget.
Assuming there isn’t a plan to stop this at the last minute, either by delaying it or passing a real budget for the first time in four years, what we have is the axe. You’re probably tired of hearing about it by now, but the use of words is important. The lack of a clear, common talk shows just what this is all about – an inside game that has to stop. How do we get past it?