Avoiding sequester possible

In just over a week, massive, across-the-board cuts will hit first-responders and soldiers, kids in schools and patients in hospitals. They needn’t.

Reasonable people recognize that the country suffers from both a spending and a revenue problem. Federal receipts, mainly taxes, as a percentage of gross domestic product were lower each year between 2009 and 2012 than in any year since 1950. [cont.]

Mark Mellman