Policy: Budgets & Deficits

Federal Times: Sequester in 2014 will be worse, report warns

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When the first round of sequester-related budget cuts hit in March, agencies sought help from Congress, juggled funds and resorted to bookkeeping gimmicks to cushion the impact.

Those options will be harder to come by if a second round of sequester cuts strikes early next year, a liberal-leaning think tank warns in a new report. Agencies implemented the fiscal 2013 sequester on the assumption that it was “a short-term glitch” that Congress would soon fix, the Center for American Progress analysis said.

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