Obama signs order for $109 billion in 2014 sequester cuts

Posted April 10, 2013, at 8:33 p.m.

WASHINGTON — Just hours after proposing a budget that would replace automatic spending cuts required by law, President Barack Obama on Wednesday set in motion the next $109 billion of the reductions to military and domestic programs for the year starting on Oct. 1.

The White House announced that Obama signed the sequester order, which directs that total discretionary spending for fiscal year 2014 be cut by $91 billion to a total of $967 billion — the lowest level since 2004.

Obama was required by law to sign the order after submitting his budget request to Congress. The appropriations committees in the House of Representatives and the Senate are holding hearings this week over how to divide the dwindling discretionary funding pie for programs ranging from education to weapons development to national parks.

Little has been done to stop the initial $85 billion in cuts that went into effect on March 1 and threatens to prompt temporary layoffs for hundreds of thousands of government workers and defense contractor employees.

If left in place, the sequester would force about another $1.1 trillion in across-the-board spending cuts over a decade.

 

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