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Sunday, May 05, 2013

Hill Aides: White House Recalculates Spending Cuts

WASHINGTON (AP) -- The White House budget office is recalculating how to apply automatic spending cuts for a handful of agencies, freeing up almost $4 billion for the Pentagon and another $1 billion or so for other agencies like the Homeland Security Department and NASA.

Capitol Hill aides familiar with the White House changes say the administration has identified almost $5 billion in cuts that can be restored under its reading of the arcane budget rules governing the across-the-board cuts, known as sequestration.

The calculations differ from earlier ones because a partial-year funding bill was replaced in March with a more detailed measure. After administration number crunchers redid their math they were able to restore about $5 billion of the scheduled $85 billion in automatic sequestration cuts under a complicated, previously unused mechanism that dates to a 1985 budget law.


1 comment:

Anonymous said...

Either they recalculate and allow the agencies to redistribute the available funds - or both houses of congress will pass bills to force-ably allow them to do it....handing the Owe-Blama administration another plate of crow....