Weekly Checkup No. 011: Effects of Sequestration on Healthcare

The super committee announced this week that it failed to find the required $1.2 trillion dollars in cuts over the next decade to reduce the deficit. The result of their failure is “sequestration,” the triggered spending ax that was supposedly so horrible that it would motivate the super committee to bridge their differences and come to an agreement in order to avoid it, will now go into effect January 1, 2013. While members of Congress may want to change course and avoid sequestration, President Obama announced that he would veto any “easy out” attempt to avoid the triggered cuts.

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