People, the sequester only lowers spending relative to baseline growth.
That is to say, it doesn’t actually cut spending in the sense a regular normal person would view it.
Over the full 10 years of “deep” cuts, after the “doomsday machine” ravages us, Federal spending will be higher than it is now.
I am not making this up!
He seems really emphatic, like he really believes it. IDK, Maybe he’s right. No way to know for sure.