A month ago, I tempted you with a taste of current fiscal policy (warning: please read Sequestration Part 1 before this, or you will be very confused, not to mention less informed!). You learned what sequestration is, where it came from and how it affects you and the programs you care about. So now let’s talk about the future. What are the options for avoiding the fiscal cliff? Will it be a cliff, or a slope? But most of all, why should you care?
If sequestration takes effect and the fiscal cliff hits, here is a snapshot of what is at stake: