6 degrees of sequestration
Taxpayers face a double whammy thanks to the sequester. The budget cuts could delay IRS refunds. That's after the fiscal cliff debate delayed the start of filing season.
There are less than three weeks to go until Washington's latest budget deadline -- the $85 billion spending cut package known as the sequester.
The fiscal cliff deal raises taxes on individuals making at least $400,000 and couples making at least $450,000. Of course, 400 plus 400 does not equal 450. So what's going on?