OMB: The sequestration will hurt defense and every federal program

 President Obama says the sequestration cuts to defense and non-defense programs will be severe. He urges Congress to act.
President Obama says the sequestration cuts to defense and non-defense programs will be severe. He urges Congress to act.  Credits: Chip Somodevilla/Getty Images

The White House Office of Management and Budget (OMB) released the details of how the budget cuts required under the Budget Control Act of 2011 (BCA) will be allocated. The $1 trillion in cuts, called the sequestration, over then next decade was passed by Congress to reduce the national debt. This is the second part of a two articles on the subject.

The Obama administration made a statement at the beginning of the OMB report about its beliefs about sequestration and what Congress should do to prevent these severe cuts from taking affect. Here is part of that statement:

“In August 2011, bipartisan majorities in both the House and Senate voted for the threat
of sequestration as a mechanism to force Congress to act on further deficit reduction. The specter of harmful across-the-board cuts to defense and nondefense programs was intended to drive both sides to compromise. The sequestration itself was never intended to be implemented. The Administration strongly believes that sequestration is bad policy, and that Congress can and should take action to avoid it by passing a comprehensive and balanced deficit reduction package. Continue reading “OMB: The sequestration will hurt defense and every federal program”

Sequestration would be bad news for contractors on many levels

By Stan Soloway,August 06, 2012

The specter of sequestration, which no one seems to support or believe to be wise policymaking, continues to loom large, despite recent reports of some progress and a change in the tone of the dialogue on Capitol Hill.

What would the effects be if this hammer actually comes down? Regrettably, there are still too many variables to bring any clarity to either the immediate or the longer-term effects, but we know there would be many. Moreover, we know that regardless of whether sequestration is imposed, the government services market will continue to be marked by two undesirable characteristics: increasingly constrained resources and uncertainty. Continue reading “Sequestration would be bad news for contractors on many levels”

Sequestration could be bad for your health

POSTED: Sunday, March 3, 2013, 5:05 AM
Robert I. Field, Ph.D., J.D., M.P.H., Professor, Earle Mack School of Law & Drexel School of Public Health

With no deal in Washington to stop it, the sequestration of federal funds is about to begin. It could be enough to make you sick – literally.

Some of the automatic budget cuts won’t be felt for months, if sequestration lasts that long. But several cuts involving health care will hit us much sooner. And they could hit us hard.

Here are five to be especially concerned about. (Figures for their impacts this year in Pennsylvania are available here.) Continue reading “Sequestration could be bad for your health”

Sequestration is a Bad Fiscal Sequel

Sequestration is a Bad Fiscal Sequel

by Sean Hackbarth Feb 8, 2013
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Washington, sometimes called, “Hollywood for ugly people,” is making a lame sequel following the drama at the end of 2012. Call it, Fiscal Cliff 2: Sequestration.

“Sequestration” is the fancy DC word for the $1.2 trillion of automatic, across-the-board spending cuts over 10 years that are set to go into effect March 1. Bloomberg’s Dominic Chu shows us why it would hurt the economy. Continue reading “Sequestration is a Bad Fiscal Sequel”

Union: EPA plans agencywide furlough days under sequestration

Union: EPA plans agencywide furlough days under sequestration

 Thursday – 2/21/2013, 5:36pm EST

If sequestration goes into effect, the Environmental Protection Agency is planning at least three agencywide mandatory furlough days that would essentially result in a temporary shutdown of the agency, according to union officials briefed on the plans.

The across-the-board budget cuts — which will slash all civilian agency budgets by about 5 percent — are slated to kick in next week.

EPA will implement employee furloughs in two phases, according to John J. O’Grady, the president of AFGE Local 704, which covers the Chicago region. Continue reading “Union: EPA plans agencywide furlough days under sequestration”