Large spending cuts are set to go into effect Friday due to the Super Committee's failure in 2011, and the delay from January 1st to March 1st in the Fiscal Cliff Aversion.
But, do you think that the cuts will happen? Or will Congress put another temporary resolution/delay at the last minute in order to soften whatever blow will happen? Analysts are saying that the Austerity measure could push the US back into a recession.
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What cuts? The sequestration isn't a cut, just a reduction of growth.