Wehrwolfen
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Obama signs order for "sequester" budget cuts (It's now official)
March 1, 2013
By Matt Spetainick
(Reuters) - President Barack Obama on Friday signed an order that starts putting into effect across-the-board budget cuts known as the "sequester" after he and congressional leaders failed to find an alternative budget plan.
The White House released a copy of Obama's directive entitled "Sequestration Order for Fiscal Year 2013." Government agencies will now begin to hack a total of $85 billion from their budgets between Saturday and October 1.
(Excerpt)
Read more at reuters.com ...
March 1, 2013
By Matt Spetainick
(Reuters) - President Barack Obama on Friday signed an order that starts putting into effect across-the-board budget cuts known as the "sequester" after he and congressional leaders failed to find an alternative budget plan.
The White House released a copy of Obama's directive entitled "Sequestration Order for Fiscal Year 2013." Government agencies will now begin to hack a total of $85 billion from their budgets between Saturday and October 1.
(Excerpt)
Read more at reuters.com ...
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