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Saturday, 15 September 2012

White House details $100 billion in automatic budget cuts

White House details $100 billion in automatic budget cuts

1 comment:

RAYLOKE said...

For now, the two parties remain at odds, with each trying to blame the other for the automatic cuts about to come.

Under the terms of those cuts, most defense programs face a 9.4 percent cut, while most domestic programs would be sliced by 8.2 percent. Medicare would be trimmed by 2 percent, while other entitlements — not counting Social Security — would be sliced as much as 10 percent.