this sequester unless we get second tax hike in eight weeks. that is not compromise. then he says your choice is going to be taking criminals off, letting the criminals out of jail and on to the street. talking about the sequester. it s $84 billion cut to future federal spending. this is a pie chart for the budget for the year. this gives you perspective. this is as of this week. $16.609 trillion. a year ago it was 15.4. debt added in last year $1 $1.19 trillion.