Sequestion: You wanted it, you've got it.

bobjustbob

Proud member of FreeOnes Hall Of Fame. Retired to
OMB Report Pursuant to the Sequestration Transparency Act of 2012


The estimates and clasifications in the report are preliminary. If the sequestration were to occur, the actual results would differ based on changes in law and ongoing legal, budgetary, and technical analysis. However, the report leaves no question that the sequestration would be deeply destructive to national security, domestic investments, and core government functions. Under the assumptions required by the STA, the sequestration would result in a 9.4 percent reduction in non-exempt defense discretionary funding and an 8.2 percent reduction in non-exempt non-defense discretionary funding. The sequestration would also impose cuts
of 2.0 percent to Medicare, 7.6 percent to other non-exempt non-defense mandatory programs, and 10.0 percent to non-exempt defense mandatory programs.


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You get your cuts from us, we get our cuts from you. Who's ****** that the sky is going to fall in.
 

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