The '''Obama sequester''' was a proposal by [[President Barack Hussein Obama]] to Senate [[Democrat]] Majority Leader [[Harry Reid]] relayed by then [[White House]] budget director [[Jack Lew]] to cut [[entitlement]] and defence spending effective January 1, 2013. The idea was to break the deadlock over a [[federal debt ceiling]] debate in the summer of 2011 and "kick the can down the road" past the [[2012 Presidential election]] over ways to pay for Obama's [[stimulus]] spending and "[[healthcare reform]]" during his first term. | The '''Obama sequester''' was a proposal by [[President Barack Hussein Obama]] to Senate [[Democrat]] Majority Leader [[Harry Reid]] relayed by then [[White House]] budget director [[Jack Lew]] to cut [[entitlement]] and defence spending effective January 1, 2013. The idea was to break the deadlock over a [[federal debt ceiling]] debate in the summer of 2011 and "kick the can down the road" past the [[2012 Presidential election]] over ways to pay for Obama's [[stimulus]] spending and "[[healthcare reform]]" during his first term. |