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New Law Calls on WH to Detail Sequestration Plans

The White House budget office will be required to reveal exactly how the government will execute automatic budget cuts in January 2013 if sequestration takes effect, The Hill newspaper reports.

Erik Wasson reports President Obama signed the Sequestration Transparency Act, which moved through the House in July by a 414-2 vote and through the Senate by a unanimous vote.

A White House report on carrying out the cuts is due to Congress within 30 days, according to Wasson’s article.

In January, $109 billion in automatic spending cuts are set to start because the supercommittee failed to develop a deficit reduction proposal.

That supercommittee was established after the debt ceiling agreement last August.

If sequestration takes effect, more than $1 trillion will be automatically cut over the next 10 years, split evenly between defense and nondefense spending.

Recent ExecutiveGov Sequestration Coverage

August 7: Labor Dept Sequestration Memo Causes Uproar in Congress

August 2: Carter, Zients Hint at Potential Sequestration Cuts to House Panel

August 2: OMB to Hold Sequestration Talks With Agencies

July 31: Military Cyber Leaders Waiting for Pentagon Sequestration Directive

July 18: Lockheed’s Bob Stevens on Sequestration: “We Are Hungry for more Guidance”

 

 

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