Friday, March 1, 2013

Snip, Snip, Snip

The White House has issued a new memo guiding agencies on how to implement the $85 billion budget sequester that goes into effect on Friday.

Congress has left Washington, guaranteeing that the sequester will go into effect at least temporarily. 

The memo dated Wednesday from Office of Management and Budget Controller Danny Werfel says that OMB now estimates a 9 percent cut to affected domestic agency budgets and a 13 percent cut to defense.

[...]

For the first time, OMB emphasizes that agencies should look to restrict hiring, employee bonuses and travel to meet the budget goals.

  The Hill

Federal employees get bonuses? For what? Out of what money? Where are the profits to share?

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