It began with The Budget Control Act of 2011:
…enacted August 2, 2011, is a federal statute in the United States that was signed into law by President Barack Obama on August 2, 2011. The Act brought conclusion to the United States debt-ceiling crisis of 2011, which had threatened to lead the United States into sovereign default on or around August 3, 2011.
The law involves the introduction of several complex mechanisms, such as creation of the Congressional Joint Select Committee on Deficit Reduction (sometimes called the “super committee”), options for a balanced budget amendment and automatic budget sequestration. [wiki]
Charles (not the journalist) Johnson cites a New York Times editorial from July 2012, a piece that reads more like an anonymous letter to the editor, contains blatant fallacies and offers no sources to back up the disproven claims. (In fact, despite threats of massive numbers of government employees being layed off due to the Sequester, only ONE has been reported in all federal agencies.)
Oh, and Charles, who caused the debt ceiling crisis that spawned the Budget Control Act?
Charles (not the journalist) Johnson is a lying sack of, well, himself.
[Update: Yeah, we slogged back into The Swamp and found more lies.]