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The Budget Control Act of 2011(BCA) was signed into Law on August 3, 2011 by Obama. Obama and his White House Staff who had proposed the Sequstration Tax Cuts outlined in the BCA knew the Tax Cuts would be eased into effect on March 1, 2013.
The President's Democratic Party who controls the Senate and the Republican Controlled House had approximately 18 months to address the issues outlined in the BCA. There was also a Debt Ceiling Increase int the BCA.
Now Obama wants another Debt Ceiling Increase plus more Tax Revenue Increases.
The Sequester not only triggers the approximate $85 Billion in Budget Cuts but also enacts $165 Billion in Tax Increases.
One of those Tax Increases that went into effect in January, 2013 was the Payroll Tax increase, going from 4.2% to 6.9% effecting most employed Citizens went.
There are 13 different Tax Increases triggered by the Sequester, another one is the Death Tax.
It's wrong that "We the People" who employ these 535 members of Congress who all receive 6 figure saleries ($174,000+) can not enact a budget since O's first Election. "We the People" elected these Gods of Congress.
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