Nation | Economy | Elections | Business

Economists Debate Sequestration's Total Effect

NPR | March 1, 2013 10:47 a.m.

Contributed By:

John Ydstie

The Congressional Budget Office estimates the budget cuts that go into effect Friday will shave 0.6 percent from the economy’s annual growth rate. That might not be a big worry if the economy were growing at 3 or 4 percent. But growth is a paltry 2 percent, so the impact may be noticeable.

Comments

blog comments powered by Disqus
Thanks to our Sponsors:
become a sponsor
Thanks to our Sponsors
become a sponsor