Alzheimer Research Cuts Show Folly of Sequestration

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June 10 (Bloomberg) -- Many Republicans, and Democrats,never thought the automatic across-the-board spending cuts knownas sequestration would take effect. After all, they mightproduce dangerous, if unintended, consequences such aspotentially bankrupting the U.S. health-care system, along withmillions of families.

Typical Washington hyperbole, right? It actually ishappening under sequestration, which kicked in three months ago,a product of America’s political dysfunction.