In
Dogs And Cats Living Together, THC reported that the actual budget cut from 2012 to 2013 under sequestration was only $9 billion. The source for this estimate was the August 2012 Congressional Budget Office (CB)) analysis. I've now read the recently released February 2013 CBO report and it reports that spending will actually
increase by $15 billion this year even with sequestration. Let's say that again - federal spending will increase this year, not decrease, under sequestration.
Good catch! dm
ReplyDelete