Dems’ plan to avoid sequester: $120B

Senate Democrats’ long-awaited plan to avert the sequester, which leaders will present to their caucus today, would replace the 10-year sequester for the rest of 2013 — 10 months — with $120 billion in spending cuts and new tax revenue, split 50-50. Most of the revenue would come from implementing what’s known as the Buffett Rule, named after investor Warren Buffett. The ru... »