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Business/Financial

Admin Would Have Flexibility In Applying DoD Sequestration Cuts

Julie Samuel

Wednesday, January 18th, 2012

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The administration would have flexibility in doling out potential Pentagon budget cuts that could kick in next January, a former White House official said. John Cooney, previous general counsel at the Office of Management and Budget (OMB), joined other federal budget experts at a conference yesterday in explaining to contractors how the so-called sequestration cuts to defense and non-defense spending could be addressed by the White House and Congress this year. Those cuts, which total $1.2 trillion, could come in…

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