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.

Capitol budget demonstrator
10 / 21
Kevin Lamarque/Reuters

In the summer of 2011, the United States was going to bump into the debt ceiling, a limit on the government’s borrowing. Without raising the debt ceiling, the government would not have been able to borrow to cover existing debts. House Republicans wanted spending cuts as part of a deal to raise the debt ceiling.


The views expressed are not those of this company or its affiliated companies. Please note by clicking on "Post" you acknowledge that you have read the Terms Of Service and the comment you are posting is in compliance with such terms. 
blog comments powered by Disqus

Most Popular