I finally got around to reading Time Magazine Editor’s Desk “The Next America” Against The Odds, The President Built A New Majority. The image gives me the illusion of the President being pulled in every direction. The strings sort of give me the puppet strings thingy.
President was name the 2012 Person of the Year by Time Magazine. If you can find the magazine read pg. 52-96 for everything President Obama and his team.
All week we’ve been hearing about the “sequestration”. President Obama signed the order to begin over $85 billion in federal spending cuts Friday. ”We will get through this,” President Obama told reporters. “This is not going to be an apocalypse as some people have said. It’s just dumb and it’s going to hurt.” He was required to sign the order before 11:59 p.m.
It remains to be seen just how much it will not hurt the “American people”. Brace yourselves and hope for the best.:
SEQUESTRATION ORDER FOR FISCAL YEAR 2013 PURSUANT TO SECTION 251A OF THE BALANCED BUDGET AND EMERGENCY DEFICIT CONTROL ACT, AS AMENDED
By the authority vested in me as President by the laws of the United States of America, and in accordance with section 251A of the Balanced Budget and Emergency Deficit Control Act, as amended (the “Act”), 2 U.S.C. 901a, I hereby order that budgetary resources in each non-exempt budget account be reduced by the amount calculated by the Office of Management and Budget in its report to the Congress of March 1, 2013.
Pursuant to sections 250(c)(6), 251A, and 255(e) of the Act, budgetary resources subject to sequestration shall be new budget authority, unobligated balances of defense function accounts carried over from prior fiscal years, direct spending authority, and obligation limitations.
All sequestrations shall be made in strict accordance with the requirements of section 251A of the Act and the specifications of the Office of Management and Budget’s report of March 1,
THE WHITE HOUSE,
March 1, 2013.
Boehner and his posse are jumping with joy.