It is already too late to reverse sequestration—the devastating hit of more than $500 billion in cuts that could afflict the Defense Department starting in January—before it has some impact on budgeting decisions being made by the government and its contractors. But it is not too late to engineer a deal that can stop the worst before it hits.
Accordingly, senators have been talking about what kind of deal they could come up with. Sen. Carl Levin, chairman of the Senate Armed Services Committee, told Politico: “I predict there will not be a sequester. One way or the other, since 90 percent of us don’t want it, it won’t happen. And my hope is that it won’t happen early enough to avoid any instability. What I am confident in is that it’s not going to happen because nobody around here wants it to happen except for some tea party folks.