By the Numbers: Automatic spending cuts
February 16th, 2013
05:44 AM ET
1 year ago

By the Numbers: Automatic spending cuts

(CNN) - While a growing chorus in Washington, including President Barack Obama, House Speaker John Boehner, multiple Cabinet secretaries, and some political pundits, criticize deep, automatic spending cuts set to take effect on March 1, the White House and Congress have yet to come up with an alternative to avoid them.

With the imposition of at least some of them appearing more and more likely, here's a look, by the numbers, at Washington's self-imposed budget austerity (aka "sequestration" or the "sequester").

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Filed under: Budget • Economy
soundoff (One Response)
  1. jpmichigan

    I wish this administration would put out a list, regarding area of cut and the amount of that cut that they have stated they have done. I doubt if we will ever see that list!!!

    February 16, 2013 10:17 am at 10:17 am |