Even after reaching deals to avoid the fiscal cliff crisis and to temporarily avert a debt ceiling debacle, Republicans in Congress are still playing hard-ball when it comes to the long-term financial future of the U.S.
The latest proof? Rep. Paul Ryan’s appearance today on NBC’s Meet the Press. During it, the former vice presidential candidate insisted that the GOP was willing to let the sequester cuts happen, if they were unable to strike a deal to their liking with House Democrats.
The recent deals over the fiscal cliff and the debt ceiling did not fully fix the looming crisis of sequestration. This threat has loomed over head since the 2011 debt ceiling crisis was resolved, and though Congress has resolved many of the issues born from that deal, sequestration is not one of them. Read