Feds at IRS, Social Security, TSA face dangerous heat...
Friday - 3/1/2013, 2:00am EST
Today is D (as in dumb) Day. At least three things could happen:
- Congress and the White House could (even after it
begins) postpone or cancel sequestration. This would confirm that it was all a
political dance. Republicans will blame the White House for inventing sequestration. Democrats will blame conservative
House Republicans for pushing it.
- Sequestration could happen, and the consequences
turn out to be dire. People will be denied services, airlines will be delayed or
grounded, the borders will become more porous. The stock market could take a nose
dive, unemployment would go up and the recession-recovery gains could be wiped
out. Also, there could be an incident, weather or natural-disaster accident that,
critics would argue, wouldn't have happened if Uncle Sam hadn't been taking the
day off.
- Sequestration could happen, and nothing much will happen. It might inconvenience some people, but for the most part nobody would notice. Wall Street would carry on, Europe would fold. Nothing! That would be a real PR black-eye for the government and proof positive for critics of big government that it really is too big. Way too big.
Cindy in Kentucky says
"... if it happens it could be the best thing to occur. Our country needs a wake up call. They also have to remember that it takes many people to keep things going not only on the government side but in the private side also. It takes people to choose to get off there bottoms (the word I am not thinking) and have respect for themselves and those around them. Waiting for a handout does not cut it! Our country can do better! "
Jerry with the Defense Department says:
What will happen on March 1, 2013? In a word, nothing. Why? The cuts are to take place over 7 months; not one day. How about furloughs? Again, nothing. Why? Have to give Congress 45 days' notice. SecDef did that for DoD on February 20th. 45 days later would be April 6th. And, federal employees have to be given 30 days' notice. I expect to see mine the second or third week of March. So no furloughs until mid-April. By April 30th, federal employees will see a grand total, per employee of two or three furlough days. I am NOT saying no significant impact. But asking at what point where there be and for which agencies and programs?Question: does March 1, 2013 mark a crisis if nothing of substance takes place?"
NEARLY USELESS FACTOID
Compiled by Jack Moore
Sesame Street character Cookie Monster revealed in a 2004 episode that before he started eating cookies and earned his famous moniker, he went by the name Sid.
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