When Democrats voted last Friday to jigger the rules of sequestration to allow the FAA to ease flight delays, the conviction took hold on the left that Democrats have lost on sequestration, as Ezra Klein declared. If that's true, it means that the budget battle that began when Republicans retook the House is over, and Republicans have won. The ten-year vice grip on discretionary spending is closing. Since spring 2011, Obama has agreed to some $3 trillion in spending cuts over ten years, while securing just $600 billion in new revenue.
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A severed wasp: Democrats and the sequester
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When Democrats voted last Friday to jigger the rules of sequestration to allow the FAA to ease flight delays, the conviction took hold on the left that Democrats have lost on sequestration, as Ezra Klein declared. If that's true, it means that the budget battle that began when Republicans retook the House is over, and Republicans have won. The ten-year vice grip on discretionary spending is closing. Since spring 2011, Obama has agreed to some $3 trillion in spending cuts over ten years, while securing just $600 billion in new revenue.