The sequester’s defense cuts aren’t that scary, in one graph

The post-9/11 rise in military spending was larger than the rise during Vietnam and during the Cold War. And even if we implement every single cut in the sequester, the fall in spending would be less than the military experienced after Korea, Vietnam, or the Cold War.

By Ezra Klein November 20, 2012

Obama’s plan: Push Republicans off the fiscal cliff

After promising in 2008 to bring about a new era of cooperation in Washington, Obama is campaigning in 2012 knowing that, if reelected, he will start his second term with a brutal, economy-shaking showdown with Republicans over spending and taxes.

By Ezra Klein October 18, 2012