Showing posts with label budgets cuts. Show all posts
Showing posts with label budgets cuts. Show all posts

Friday, April 26, 2013

Scott Lilly: Whack-a-Mole budgeting

  The preposterous legislative sideshow taking place around sequestration gives a pretty clear picture of how little the people who were elected to run the government actually know about it.

  Exactly four days after long-anticipated sequester furloughs began for air-traffic controllers, Congress decided the furloughs were not such a good idea after all. It also decided that perhaps it wasn’t a problem caused by an administrator trying to showboat the evils of across-the-board cuts but in fact a problem with the legislation that the members of Congress had crafted themselves—legislation directing that across-the-board cuts be taken from each program, project and activity within the $7.5 billion appropriated for air-traffic operations.

Monday, August 27, 2012

Steven Bucci: How will defense cuts affect you?

  Washington is abuzz with wonky discussions on potential mandatory budget cuts that will hit on Jan. 2. The process is called "sequestration." It is so technical that right now you may be tempted to move on to another article. After all, this is merely "inside Washington baseball," right? Sadly, it isn't.

  The Department of Defense (DoD) budget is set to absorb the lion's share of the New Year's cuts, which will go into effect if steps are not taken to stop them. DoD makes up about 11 percent of federal spending, but will eat 47 percent of the cuts. That's a pretty sizable chunk.