DoD sequestration

http://csis.org/files/attachments/10410_GSF_2012_defense_sequester.pdf

OPM requiring all agencies to plan.

The Fiscal Time Bombs

• Tax cuts expire December 31, 2012
• Debt ceiling
• Sequestration takes effect January 2, 2013
– $492 B in DoD cuts 2013-2022
– Significant ambiguity in law
• Baseline
• Account Definition
• The Strategic Political Dilemma
– SecDef and CJCS say no further cuts
– President vows to veto repeal
– Deficit and budget pressures

 

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