Though the worst predictions about the sequestration -- such as severe unemployment benefit cuts, hour-long waits at airports, and four-hour waits at border crossings -- have not come true, other sectors have not been spared. Learn more about the impact of sequestration from two economists.
As the federal deficit climbs, Republicans and Democrats can agree on one thing: the federal tax code needs revamping. But how this gets done is up for grabs. What's the reality behind the rhetoric of closing loopholes and raising revenue? We examine the issue.