Sequester Not All It’s Cracked Up to Be

DefenseTracker.com, 18 January 2012.
http://defensetracker.com/web/?p=1681

Excerpt:

Part of the “Doomsday Mechanism” hysteria spread by Defense Secretary Panetta and his comrade in the budget wars, Cong. Buck McKeon, has been the automaticity of the across-the-boards cuts that sequester would impose on the defense budget next January–in the likely event that the lame duck Congress and its successor next year will both be as dysfunctional as the can of red and blue worms we have now. (The other part of the hysteria is the “horror” of returning to 2007 levels of base budget defense spending.)

It seems that the president has existing statutory authority to modify the sequester mechanism–but not the amount of cuts required.

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