Sequester
I’m told that the sequester is $85 billion.
The national debt is approximately $16 trillion.
If the national debt growth is reduced by $85 billion, it will have been reduced less than 1 cent for each dollar of debt. $85 billion divided by $16 trillion equals .0053125. In other words… the politicians are saying that reducing the debt growth by .53 of one cent… on each dollar of debt… is impossible.
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