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Sequester cuts not really cuts at all?

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    Because You Asked: Cuts merely a cut in rate of increase?

  • Duration 1:59
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To your point Byron.

Is it true -- sequester cuts are not really cuts at all but merely a cut in the rate of increase.

If that's true people need to know that here's what we -- over a period of ten years.

You would go from thirteen point 5% of the increase.

And you knock it down to five point 2% of the increase which is a which is a cut on the entrance.

Exact point 3% to I have the math is right on that.

You have it right it still goes up and the other thing to remember about these sequester cuts even if they take effect on March 1 what's gonna happen then is nothing.

A lot of these federal agencies are required to give workers thirty day.

Notice if they're going to be furloughed even for a day a week -- -- day every two weeks so nothing is gonna happen immediately what there's going to be in Washington mark my words.

Is a lot of arguing and trying to change to sequester even after it goes in effect because she's going to be this big fight over the continuing resolution to fund the government for the rest of the year they're gonna try to fold and changes to the sequester and that bill.

And so there's going to be a lot of maneuvering and infighting that hasn't even started what what.

More point on this in May be the end of march -- -- all the stuff up over again you know just -- -- -- delay on this in the end perhaps that's what Washington does.

Medicare is -- Medicaid Social Security Federal Reserve agencies US Postal Service none of that apparently has touched.

Wall Street Journal writes this a lack of and when have complicated -- -- administration efforts to mobilize public support for averting the cuts you know.

What -- that -- about this this this law was passed in 2011.

To take effect on January 1 of this year got pushed off to march 1.

And a lot of federal agency -- say they never thought it was gonna happen and they haven't really made concrete plans for dealing with it.

So -- a lot of the administration stories about what might happen -- worst case scenarios.

Are not actually their actual plans.

They're just talking right now.

Byron thank you Byron York -- I think --

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