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Sequestration Report Warns of ‘Devastating Impact’

Posted on AllSides September 14th, 2012
From The Left

The White House Office of Management and Budget said in the report to Congress today that it would have to chop $109 billion from the budget in fiscal 2013, split evenly with $54.7 billion coming from defense and $54.7 billion from programs outside defense. It includes an $11 billion cut, or 2 percent, from Medicare, that would fall on providers.

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http://www.bloomberg.com/news/2012-09-14/obama-sequestration-report-warns-of-devastating-impact-of-cuts.html

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