Op-Ed: Instead of Sequester, Take a Scalpel to Spending

Automatic spending cuts, known as sequestration, take effect on March 1. These cuts, proposed by President Obama as part of his 2011 deal to increase the debt limit, are indiscriminate and fail the first step of good budgeting: prioritization. Our national debt and chronic trillion-dollar deficits are unacceptable. They damage economic growth and threaten future…