The dreaded deadline for the federal "sequestration" spending cuts has now passed... and we're still here.
That's the good news.
The bad news is that the $85 billion hatchet-chop is now leading to indiscriminate furloughs, job losses, and spending reductions across almost the entire federal government, including in programs that most Americans love.
Why did it come to this? Why did we just enact a policy that almost everyone hates?
Because our government is too dysfunctional to do anything else.
David Walker, Founder and CEO of the Comeback America Initiative and the former Comptroller General of the United States, is appalled by the lack of leadership and cooperation in Washington.
"We are here because of failure of the president, a failure of the Senate and a failure of the House to reach a reasoned and reasonable to avoid the sequester," he says. "It is a global embarrassment."
He says it's time for Americans to comeRead More »from Our Government Is A ‘Global Embarrassment’: David Walker