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@john personna: Let’s not and just say we did instead–that’s about the same as sequestration, or so it seems.
Well, we’ve had many chances to actually do cuts. The Grand Bargain was the biggest and most recent attempt.
The Super Committee on the other hand was a “kick the can” leading to more “kick the can,’ apparently.
The idea that we couldn’t take the bargain because something better was possible is pretty well shot.