White House

May 31, 2013

So far, sequester turns out to be tremors, not earthquake

Taken as a whole, the impact of the mandated across-the-board cuts “so far has been really teeny,” said Barry Anderson, deputy director of the National Governor’s Association. The U.S. economy is showing signs of improvement, with housing prices up, gasoline prices down and April’s 7.5 percent unemployment rate the lowest in four years. But as the sequester continues, more Americans are learning that even the teeniest change in Washington spending can have a big impact on their lives. From furloughed workers to shuttered federal offices to canceled White House tours and lighter entitlement checks, the reality of the sequester is hitting home.

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