Senate fails to stop sequestration — so what happens next?

The last opportunities to stop sequestration from taking effect failed in the United States Senate Thursday afternoon. So what happens next? The Business Journals serves up three questions that must be answered to determine sequestration's impact on business and the economy.

The questions that Business Journals probes: Will Congress replace sequestration with something else? Will it help or hurt long-term deficit reduction? And did the debate around sequestration hurt prospects for tax reform.?