Saturday, October 5, 2019

The Sequestration Essay Example | Topics and Well Written Essays - 500 words

The Sequestration - Essay Example One of the challenges that I have had to deal with is the introduction of unpaid off days as one way of reducing budgetary allocations at my work place. One requirement of the sequestration is to carry out deductions on employees pay on the total number of days the employee was off from work. As a result of this move by the government, it has become a necessity to look for part time jobs in order to compensate for the reduced income. Maneuvering between my workplace and my part time job is a real challenge. The second challenge is that I have to make reductions on expenditures on certain luxuries I and my family used to like. This poses a psychological challenge based on the fact that it is difficult to accept that I can no longer afford some services that were part and parcel of my life. Therefore, my performance at the workplace becomes compromised because I can no longer perform to the maximum. Some of the areas that I have been forced to make reductions on include expenditures on cell phone services, movie night and restaurants, cancelling vacations, and general reductions on family expenditures. Servicing mortgages, car loans, and other loans have become real challenges since the introduction of the sequestration strategy of dealing with budgetary deficits. This is as a result of the unexpected reduction in income at a time when mortgages and other loans were under servicing. This is frustrating in the sense that members of the congress who are imposing the sequestering policies may not be subjected to pay cuts similar to those of federal workers (Lee et al, 2012). The fact that reductions on budgetary allocations on government programs are likely to cause layoffs of government workers keeps every government worker with a lot of worries. It is projected that thousands of government workers are likely to lose their jobs as a result of the

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