Cost Of Sequestration: 700,000 Jobs May Be Lost From Across-The-Board Budget Cuts Through 2014, GDP Growth May Slow: Report $BAC $C $GS $MS $BCS
Sequestration, or the across-the-board cuts to discretionary spending that are programmed to automatically kick in on March 1 if Congress and President Obama don't agree on how to avoid the cuts, will create significant head winds for growth through next year, according to Macroeconomic Advisers, LLC.
Sequestration, or the across-the-board cuts to discretionary spending that are programmed to automatically kick in on March 1 if Congress and President Obama don't agree on how to avoid the cuts, will create significant head winds for growth through next year, according to Macroeconomic Advisers, LLC.
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