Thursday, September 20, 2012

Official Sequestration Impacts Reported

The impact of Sequestration on defense programs can be distilled to the Office of Management & Budget’s (OMB) report that funding for each defense account would be reduced by 9.4% if sequestration is imposed on Jan. 2, 2013. 

Almost all DoD and military service accounts including military construction and operations and maintenance would be subject to the same uniform reduction.  That’s a $54.7 billion loss in fiscal 2013.

There is no detail on projects, programs and activities.  The exception is military force structure accounts.  But federal civilian employment is not exempt.

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