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.
Correct Answer:

Verified
Correct Answer:
Verified
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