Federal Managers Association
In the News
- MAJOR CUTS LOOM FOR FY16 IF SEQUESTRATION REMAINS IN PLACE - February 18, 2015
OMB warns of consequences if sequestration returns in 2016
By Jason Miller, Federal News Radio
The Office of Management and Budget issued a report to Congress that outlines cuts that would be required in Fiscal Year 2016 if sequestration remains the law of the land. According to the article, “Defense discretionary spending would drop to $523 billion from $585.8 billion in 2015, while non-defense discretionary spending would drop to $493.5 billion from $514.1 billion.”
To read the full article, please click here.