How Sequestration Will Affect Federal Research Agencies

carmendrahl writes "Unless Congress and the White House act before March 1, the automatic across-the-board spending cuts known as the sequester will kick in. And federal agencies are bracing for the fiscal impact. Federal agencies and the White House are releasing details about how these cuts will affect their operations. If the cuts take effect, expect fewer inspections to the food supply, cuts to programs that support cleanups at former nuclear plants, and plenty of researcher layoffs, among other things."

Comments

Re:How were all these things paid for?

[Impy the Impiuos Imp]

Dude, we're borrowing almost 2x the entire defense department.

We are borrowing 90% of an entire aircraft carrier, $4 billion, per day.

You could cancel the entire DOD, and tax 100% of the income of the rich, and you would still be $100 billion a year short.