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Mr Peabody

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Member since: Sat Dec 15, 2012, 11:27 PM
Number of posts: 36

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The Sequester cuts in one graph

http://www.washingtonpost.com/blogs/wonkblog/wp/2012/09/14/the-sequester-cuts-in-one-graph/



A quick reminder of what each of these categories encompasses:

Non-exempt defense discretionary funding sees a 9.4 percent spending reduction. This covers things, such as keeping military bases open, paying salaries and research and development.
Non-exempt mandatory defense spending sees the biggest cut of 10 percent.
Non-exempt, non-defense discretionary funding gets cut by 8.2 percent. This includes anything that Congress has to authorize each year, so programs like Head Start and AIDS assistance.
Non-exempt, non-defense mandatory programs see a 7.6 percent reduction. There’s not, however, much left to cut in this category because the large mandatory programs were largely shielded from the cuts. More on that right below.
Medicare is, well, Medicare – the health insurance program for America’s seniors. The sequester specifically limited Medicare cuts to 2 percent of the program’s budget.
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