Since the Congress and the president have agreed to start fiscal year 2013 funding with a six month continuing resolution (CR), the fiscal year 2012 enacted levels will likely serve as the basis for determining the application of the sequestration reductions to each federal agency if it takes effect on January 2, 2013.
PSC has prepared a chart that shows our best estimate of the effect of sequestration on the top line funding for the major civilian agencies under a CR, based on the fiscal year 2012 enacted levels. It is important to note that the Budget Control Act exempts all Veterans Affairs Department programs but we have excluded the VA entirely from our sequestration calculation, even though some VA civilian agency personnel and other VA spending could be subject to sequestration.
PSC has prepared a chart that shows our best estimate of the effect of sequestration on the top line funding for the major civilian agencies under a CR, based on the fiscal year 2012 enacted levels. It is important to note that the Budget Control Act exempts all Veterans Affairs Department programs but we have excluded the VA entirely from our sequestration calculation, even though some VA civilian agency personnel and other VA spending could be subject to sequestration.
Earlier this month, we provided a similar analysis of the estimated effect of sequestration on the major accounts in the Department of Defense.
Find out more about sequestration, including the latest news, on PSC's sequestration page.
