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Sequestration: A history

POSTED: 10:31 AM PST Feb 26, 2013    UPDATED: 05:36 AM PDT Apr 04, 2013 

Take a look at the history of sequestration from its first use in the 1980s to today’s cuts.

Nancy Pelosi, Harry Reid, John Boehner and Mitch McConnell
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Larry Downing / Reuters

Republicans and Democrats crafted a scaled-down compromise that let the Bush-era tax cuts expire for those making more than $400,000 a year and become permanent for Americans making less.  It also delayed spending cuts two months, to March 1.

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