The executive branch has options for dealing with the potential “sequestration” cuts, which could lead to $1 trillion in long-term reductions to Pentagon plans, beyond making across-the-board cuts to all defense programs, an analyst said. The sequestration cuts come as a result of the failure of a “super committee” of lawmakers to craft a plan last year to cut the federal deficit by an added $1.2 trillion. Under the Budget Control Act of 2011, if Congress could not agree to…
CSBA: Administration Has Multiple Options To Maneuver Under Sequestration
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