The fiscal cliff reprise: Meet the sequester

Speaker John Boehner (R-OH) listens to President Barack Obama speak before a budget meeting at the White House with other cabinet members on November 16, 2012 in Washington, D.C.

There are less than three weeks to go until Washington's latest budget deadline. It's called the sequester and it involves $85 billion dollars in spending cuts.

Julia Coronado, chief economist with the investment bank BNP Paribas shares her thoughts on the economic impact of the sequester. 

About the author

Jeremy Hobson is host of Marketplace Morning Report, where he looks at business news from a global perspective to prepare listeners for the day ahead.

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