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Business/Financial

Imminent Sequestration Report May Not Provide Minute Detail On DoD Cuts

Julie Samuel

Thursday, September 6th, 2012

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The White House is poised to send Congress a report on how so-called sequestration budget cuts would be implemented, a document the Pentagon’s top weapons buyer implied yesterday will not include minute levels of detail. Congressional aides said today is the deadline for President Barack Obama to send Congress an explanation of how $1.2 trillion in defense and non-defense “sequestration” reductions would be applied if lawmakers can’t agree on a plan to stop the decade-long cuts from starting next year.…

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