There’s been plenty of public hand-wringing in Washington lately about the disastrous effects of sequestration. In fact, sequestration has gotten so much play that we can use the word in headlines now.
The automatic, across-the-board spending cuts that will hit every federal agency (except the Veterans Affairs Department) will take effect Jan. 2, 2013, unless lawmakers block them. Guidance from the Office of Management and Budget has been scant, mostly because everyone wants to believe Thelma and Louise won’t drive off the cliff this time. Still, agencies across government likely will have to furlough employees to comply with the spending cuts, which amount to a whopping 9.4 percent in nonexempt defense discretionary funding and 8.2 percent in nonexempt nondefense discretionary funding in fiscal 2013. With Congress in recess until mid-November, the clock is ticking. So, what’s your agency doing about it?
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