CAP en Español
Small CAP Banner

Idea of the Day: How to Replace the Sequester

  • print icon
  • SHARE:
  • Facebook icon
  • Twitter icon
  • Share on Google+
  • Email icon

idea light bulb

With the government shutdown and the threat of a catastrophic debt default now blessedly behind us, Congress can turn its attention to the real and most pressing fiscal challenge our country faces: ending austerity.

Over the past three years, several rounds of drastic, ill-timed, and ill-designed spending cuts have dragged down the recovery, costing us hundreds of billions of dollars in lost economic activity and millions of jobs. Unfortunately, another round of spending cuts is already happening. The automatic across-the-board cuts known as sequestration are still in place for this fiscal year, despite the Congressional Budget Office’s warning that keeping these cuts will cost us 800,000 jobs. Job number one, now that the government is reopened and the debt limit is raised, is to replace those mindless and damaging cuts with smarter, longer-term deficit reduction and implement some much-needed immediate investments in economic growth today.

For more on this topic, please see:

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

Print: Liz Bartolomeo (poverty, health care)
202.481.8151 or

Print: Tom Caiazza (foreign policy, energy and environment, LGBT issues, gun-violence prevention)
202.481.7141 or

Print: Allison Preiss (economy, education)
202.478.6331 or

Print: Tanya Arditi (immigration, Progress 2050, race issues, demographics, criminal justice, Legal Progress)
202.741.6258 or

Print: Chelsea Kiene (women's issues,, faith)
202.478.5328 or

Print: Benton Strong (Center for American Progress Action Fund)
202.481.8142 or

Spanish-language and ethnic media: Jennifer Molina
202.796.9706 or

TV: Rachel Rosen
202.483.2675 or

Radio: Chelsea Kiene
202.478.5328 or


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

For more from the same column, click here