SEQUESTRATION FACT SHEET #2
By Jeff Bratko, Steward AFGE Local 704
Sequestration Fact Sheet #1 explained that sequestration will result in automatic, spending cuts in most discretionary spending by Federal Agencies. Sequestration is required by the Budget Control Act of 2011 (BCA). Fact Sheet #1 discussed the potential impact of sequestration and noted that it does not appear that plans for dealing with sequestration are being shared with employees. We also warned that waiting to make your own plans until specific information is available may be a costly mistake.
Fact Sheet #2 provides some additional information about sequestration and steps you can take to avoid falling off your personal fiscal cliff.
Is September 6, 2012 an important date? Continue reading “SEQUESTRATION FACT SHEET #2”