OMB Announces Amounts of Budget Cuts Under Sequestration

March 4, 2013 at 5:02 pm

The Office of Management and Budget has calculated how deeply the automatic budget cuts — known as sequestration — which began on Friday, will cut programs.  These figures differ slightly from our earlier estimates and are reflected in the table below.

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More About Richard Kogan

Richard Kogan

Richard Kogan rejoined the Center in May 2011 after having served as a Senior Adviser at the Office of Management and Budget since January 2009. During his second tour at the Center, from 2001 to 2009, he served as a Senior Fellow specializing in federal budget issues, including aggregate spending, revenues, surpluses and deficits, and debt. Kogan is also an expert in the congressional and executive budget processes and budget accounting concepts.

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