Dear Mr. Speaker:
Enclosed please find the Office of Management and Budget (OMB) Report to the Congress on the sequestration for fiscal year (FY) 2013 required by section 251A of the Balanced Budget and Emergency Deficit Control Act, as amended (the “Joint Committee sequestration”). This report provides calculations of the amounts and percentages by which various budgetary resources are required to be reduced, and a listing of the reductions required for each non-exempt budget account…
– Jeffrey D. Zients, Deputy Director for Management, Office of Management and Budget.
Cover letter to House Speaker John Boehner accompanying the OMB’s sequestration report.
The indiscriminate, across-the-board spending cuts to the Defense Department and domestic programs were supposed to be so odious and harebrained that, of course, the president and Congress would agree on a more reasonable path to deficit reduction.
In this, the parties obviously underestimated just how dysfunctional Washington is.
– Frank James, “Power Centers” blog post at npr.org, March 01, 2013.
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Deer in the Road Series 1, #s 1, 3, 6, 7, 10, c. 2009
For Zeints’ cover letter and full OMB report click here.