Monday, February 4, 2013

Oh the horrors ...

Sequestration will cut $85 billion out of a $3.6 trillion federal budget and bureaucrats have to spend time determining what to cut. 

"As any family living paycheck to paycheck can attest, managing uncertainty can be a drain on energy and the pocketbook, not to mention the spirit. Such is the case for government managers and their staffs, whose problems are compounded by constrained spending under a temporary federal budget that lapses on March 27. Many expect another stopgap plan, and another, before the fiscal year ends Sept. 30."
--WashingtonPost

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Here's more:  http://www.businessinsider.com/white-house-sequester-cuts-2013-2
"The White House doubled down on its campaign to derail sequestration Friday, releasing a fact sheet that details the "most damaging effects" of the across-the-board spending cuts, which are scheduled to take effect March 1 unless Congress takes action.

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