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sequestration-cuts

Sonali Kolhatkar

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Lobbyists for military contractors are swarming all over Capitol Hill these days in a frenzy to stave off automatic budget cuts as part of the second wave of sequestration, due in January.Lobbyists for military contractors are swarming all over Capitol Hill these days in a frenzy to stave off automatic budget cuts.

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The Financial Transaction Tax, or Robin Hood Tax, would generate more than $300 billion a year in revenue, thereby doing away with the need for the sequester currently forcing across-the-board budget cuts.The Financial Transaction Tax, or Robin Hood Tax, would generate more than $300 billion a year in revenue, thereby doing away with the need for the sequester currently forcing across-the-board budget cuts.

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