Sequester Watch, #32

November 26th, 2013 at 2:49 pm

Our 32nd edition of sequester watch features stories about defense cuts, scientific research, and furloughs at a Portsmouth, NH shipyard.

There’s also a lot of pick up of a piece by the Center for American Progress on how sequester cuts will be deeper in 2014 than 2015.  But then there’s this piece below (“negotiators working on a deal…”) suggesting that this ongoing budget conference might actually produce a deal to reverse some of the sequester cuts, something I hoped might materialize.  I’d give it 40/60 that they’ll make a deal, which are actually high odds given the impossibility of doing anything remotely helpful on the fiscal side.

An interesting wrinkle here is that if they are able to pull off a deal, it will be because the notion of a “grand bargain”–trading new tax revenues for entitlement cuts–was kicked out of the room.

Military Faces Massive Budget Cuts Due To Sequester
November 18, 2013
WBUR Radio, Boston

Harvard president sounds alarm over sequester
November 19, 2013
By Libby Nelson
Politico Pro

Government sequester will cause reduced payments in 2014 for farmers
November 20, 2013
Corn & Soybean Digest

Union Head: Shipyard Won’t Survive More Sequestration
November 20, 2013
By Jason Claffey
Porthsmouth Patch (New Hampshire)

Negotiators say they’ll continue to work on budget deal to replace sequester
November 21, 2013
By Lori Montgomery
The Washington Post

Sequestration Is Starving Programs That Serve Seniors
November 21, 2013
By Bryce Covert

How Sequestration Gets Worse in 2014
November 21, 2013
By Harry Stein

Sequestration crisis at the FBI
November 22, 2013
By Ellen Glasser
Federal News Radio

UW leaders ask Congress to end sequester
November 23, 2013
By Logan Carlson
Wisconsin Rapids Tribune

4 reasons sequestration will be worse in 2014
November 25, 2013
By Leada Gore (Alabama)

Report: Second sequester would be worse
November 25, 2013
By Sian Reilly
Federal Times

Print Friendly, PDF & Email

One comment in reply to "Sequester Watch, #32"

  1. Chris says:

    A defense contractor’s perspective on 2014 Sequestration cuts to the DoD budget:
    1) The 2014 cuts will hit harder than the 2013 cuts because in 2013 there were “leftover” 2012 funds available to defer Sequestration. There will be no leftover 2013 money in 2014.
    2) The notion that Sequestration is going to cut waste is touchingly naive. By and large, politically powerful organizations will retain their funding levels (and maybe even get a modest increase). Organizations further down the food chain will receive drastic cuts.

    A back-of-the-envelope calculation:
    (1-c)*M = f*(1+r)*M

    M = 2013 funding
    c = 2014 Sequestration cuts
    r = inflation from 2013 to 2014
    f = fraction of 2013 programs funded in 2014

    To first order, the programs at the bottom 100*(c+r) pct of the food chain will get zeroed out. The remainder will get a 100*r pct boost.