Kind Not Hopeful About Sequester
According to the Budget Control Act of 2011, sequestration will cut $85 billion from the federal budget in the remainder of the 2013 fiscal year, slashing about $1.1 trillion more over the next decade. And it begins today. We asked Congressman Ron Kind who's to blame for the sequester.
President Obama will officially enact the cuts by the end of the day today but there will be cuts. And Kind says they will be deep and widespread.