It is less than one month before the new 1 March sequestration deadline. The original sequester was to be triggered on 3 January 2013 if Congress failed to pass a budget by December 2011 that cuts $1.2 trillion over 10 years. This original deadline was set to incentivize Congress to act. However, there is a growing sentiment in Washington to let the sequester take place.That sentiment is not universal. As Gary Blumenthal reports today, the president is seeking a series of smaller cuts to delay sequestration. On the Republican side, Representative Frank Wolf (R-Virginia) today introduced legislation to adopt the Simpson-Bowles blue ribbon deficit panel recommendations as an alternative to sequestration. Generally, however, the tax portion...