Investigate the Possible Outcome of Sequestration Had It Taken Place

question 72

Multiple Choice

Investigate the possible outcome of sequestration had it taken place in 2013.

• A)Spending cuts would have pulled from social welfare programs, allowing Republicans to reform entitlements.
• B)The defense budget would have taken a major hit, as increased spending and decreased taxes led the government to seek investments elsewhere.
• C)New tax hikes would have taken money from the ultra-rich and redistributed it among the working class.
• D)The sudden tax increases and simultaneous spending cuts would likely have produced a "double-dip" recession just as the U.S. was coming out of the first.