Budget Control Act Sequestration & Automatic Defense Spending Cuts
The Budget Control Act's $1.2 trillion automatic sequestration cuts, out of $46.3 trillion in total spending, would impose draconian cuts on defense (on top of an estimated $407 billion in cuts from its spending caps). This would slash the defense budget and jeopardize the U.S. military's ability to defend the nation. Entitlement spending„the biggest part of the budget„ would scarcely be touched by comparison.
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NOMINAL DOLLARS
Source: Congressional Budget Office.