Of all the “horrors” the March 1 sequester will inflict on our nation, perhaps the most terrifying are the cuts it will force on non-existent government programs, or so says the Office of Management and Budget (OMB).
Yeah, let us explain.
Acting in compliance with The Sequestration Transparency Act of 2012, as Reason’s Mike Riggs notes, the OMB in September 2012 delivered a report detailing the effects of the automatic spending cuts to Congress.
“But there’s a small problem with the report: One of the cuts it warns against would affect an agency that no longer exists–and didn’t exist when the OMB sent its report to congress,” Riggs notes.
“The first line item on page 121 of the OMB’s September 2012 report says that under sequestration the National Drug Intelligence Center would lose $2 million of its $20 million budget,” he adds.
Yes, according to the OMB, that’s roughly 8.2 percent of the overall budget cuts. But wait. There’s more!
CONTINUED: http://www.theblaze.com/stories/2013/02/26/govt-office-warns-sequester-will-hurt-agencythat-doesnt-exist-anymore/
It Makes Sense Now
2 hours ago
No comments:
Post a Comment