Read the White House’s plan for sequestration

The White House just released a 394-page report explaining how it will implement the automatic sequestration cuts to defense and non-defense programs. The legally required report explains in detail which programs would be cut, by how much, and which programs would be exempt from the cuts.

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White House: Dire cuts for military if Congress fails to avoid fiscal cliff

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QE3: How long before the Fed's stimulus helps the real economy? About six months.