Alan Greenspan en $85 Billion Versus $42 Billion: The New Sequester Argument Just how much will the sequester cut? It depends on whom you ask.<p>The White House has been saying spending will be reduced by $85 billion this year, unless the automatic spending cuts set to take effect Friday are averted.<p>The Congressional Budget Office, however, just released a new report saying the cuts will only amount to $42 billion.<p>Why do they differ so much?<p>They don't, really. Thu, 28 Feb 2013 18:45:00 +0000 Alan Greenspan 23507 at