OMB On Sequestration

The White House's Office of Management and Budget released a report on sequestration Friday evening, providing calculations of the amounts and percentages by which various budgetary resources are required to be reduced, and a listing of the reductions required for each non-exempt budget account.

"The cuts required by sequestration will be deeply destructive to national security, domestic investments and core government functions," the report states, noting there will be "a reduction in readiness of many non-deployed units, delays in investments in new equipment, cutbacks in equipment repairs and needed facility maintenance, disruptions in military research and development efforts, significant reductions in weapons programs, and furloughs of most civilian employees for a significant amount of time."