U.S. Congress Looks to Next Deadline as Sequestration Starts | Aviation International News

U.S. Congress Looks to Next Deadline as Sequestration Starts

Chief of Naval Operations Adm. Jonathan Greenert and the other service chiefs testified before the House Appropriations Committee defense subcommittee on February 26. (Photo: Department of Defense)

March 1, 2013

The major deficit-reduction mechanism that the U.S. government adopted as law more than a year ago but never really intended to use will nevertheless take effect on March 1 after political parties failed to reach agreement on cutting costs. “Sequestration” forces the Department of Defense to slash $46 billion from its budget through the end of the fiscal year in September, and some $500 billion over the next decade.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

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