Page 2 - Sequester Taking Effect News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Happens. the unemployment rate is stuck around 8%. this is a pretty lousy time for nothing to happen. in fact, if you look at the cbo projections, the projection with the sequester taking effect is for the unemployment rate to be 7.9% the first half of this year, 8% for the second half of this year. so, basically stuck at a place that s really very disadvantageous for so many workers. jared, let me interrupt this colloquy here and ask you, jared, we know that there are other looming fiscal fights, the march 27th deadline for the continuing resolution, but the hill is reporting that the republicans, at least, want this fight to take place on the sequester. i will read you a quote, we are going to take a stand on the sequester, said a republican senator, the sequester effects programs president obama likes and we think it s the best way to get his attention on spending. which is maybe why you re seeing so much political posturing in the days leading up to it. no question. the thing ....

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