Obama signs order triggering sequester cuts
March 1st, 2013
08:55 PM ET

Obama signs order triggering sequester cuts

The president signed an order Friday required by law that set in motion $85 billion in automatic, government-wide cuts - cuts that both Democrats and Republicans said they didn't want, though they couldn't agree on how to prevent them.

The cuts amount to roughly 9% for a broad range of non-defense programs and 13% for the Pentagon over the rest of the current fiscal year, which ends on September 30.

They were included in a 2011 deal to raise the federal borrowing limit as an unacceptable outcome if Congress failed to agree on a comprehensive deficit reduction plan. That plan did not happen.

soundoff (75 Responses)
  1. chrissy

    Lol yup slap em with the truth and it usually shuts em up every time. And as you can see here it worked pretty good. Happy truth hunting @ hamsta! Lol

    March 2, 2013 at 8:31 pm | Report abuse |
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