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Idea of the Day: How to Reduce the Sequester

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For the past several months, automatic across-the-board spending cuts have damaged our economy and national security. These cuts, known as the sequester, were never supposed to happen. Congress always planned to replace the sequester with a smarter debt-reduction package. Then Congress did, in fact, pass another debt-reduction package at the end of 2012, commonly known as the fiscal cliff deal. But unfortunately, the savings from the fiscal cliff deal were not counted toward replacing the sequester.

Fixing the sequester to account for the debt reduction in the fiscal cliff deal would lay the foundation for a stable federal budget and a strong economic recovery. Even better, the benefits of applying the fiscal cliff ’s deficit reduction to the sequester would flow disproportionately to critical investments such as education, research, and infrastructure. These sectors have borne the brunt of recent budget cuts, but they are exactly where we should be investing to rebuild the economy.

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To speak with our experts on this topic, please contact:

Print: Allison Preiss (economy, education, poverty)
202.478.6331 or apreiss@americanprogress.org

Print: Tom Caiazza (foreign policy, health care, energy and environment, LGBT issues, gun-violence prevention)
202.481.7141 or tcaiazza@americanprogress.org

Print: Chelsea Kiene (women's issues, Legal Progress, Half in Ten Education Fund)
202.478.5328 or ckiene@americanprogress.org

Spanish-language and ethnic media: Tanya Arditi
202.741.6258 or tarditi@americanprogress.org

TV: Rachel Rosen
202.483.2675 or rrosen@americanprogress.org

Radio: Chelsea Kiene
202.478.5328 or ckiene@americanprogress.org

 

This is part of a regular column: Idea of the Day

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