March 4, 2013

  • CHN: Senseless Cuts Begin: Wide Swath of Domestic Services and Pentagon Spending Will See $85 Billion Reduction This Year

    On March 1, President Obama issued an order directing federal agencies to begin implementing “sequestration” – $85 billion in cuts that were not supposed to happen. For weeks, it seemed a foregone conclusion that Congress would fail to agree on a way to replace these cuts by the March 1 deadline. Negotiations among the Administration, House and Senate were non-existent. But in the weeks approaching the deadline it was assumed that if cuts began to occur after March 1, pressure would intensify and a way to replace the cuts would be found in tandem with the next big deadline: when the temporary spending bill covering all appropriations expires on March 27. Read More »

    Posted in Budget and Appropriations, Food and Nutrition, Military Spending | Comments Off on CHN: Senseless Cuts Begin: Wide Swath of Domestic Services and Pentagon Spending Will See $85 Billion Reduction This Year
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