Note: This is the introduction to a much longer version of this story which summarized 12 recent actions and announcements regarding the budget cuts, and was included in our subscriber’s newsletter. If you wish to receive the e-newsletter and subscriber only stories please contact us.
Unless Congress acts during the post-election session before January, automatic funding cuts totaling nearly $2 billion could be applied to federal transportation-related programs for fiscal year 2013. In addition, taxes will go up for many Americans, and another roughly $108 billion will be cut from other defense and non-defense discretionary programs in fiscal year 2013.
Are Congress and the White House making any progress in averting sequestration or mitigating its impacts? Start with our “refresher” section or skip ahead to “recent activities.”
The remainder of this story was provided to e-newsletter subscribers.