Report: Senators Floating Defense Cut Numbers Less Than $1T Sequester

blankSome senators are starting to float proposed amounts of defense budget cuts, with those numbers being much less than the $1 trillion over 10 years that would be cut if sequestration occurs, Politico reports.

Senate Armed Services Committee Chairman Carl Levin (D-Mich.) has brought up a $587 billion cut figure, while Sen. Lindsey Graham (R-S.C.) says he is only willing to go up to only $400 billion over the next decade, according to the report from Kate Brannen and Austin Wright.

Graham also serves on the committee as well as Kelly Ayotte (R-N.H.), who told Politico she does not have a number in mind but said she is taking part in the conversation.

In June, Levin predicted the automatic budget cuts would not happen because 80-to-90 percent of lawmakers do not want the sequester to kick in.

Under the Budget Control Act, defense spending is required to go down $487 billion, separate from sequestration.

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