Federal civilian agencies will face nearly $2 billion in spending reductions if Congress doesn’t rollback sequestration cuts for fiscal 2016 or set spending levels under Budget Control Act caps, according to an Aug. 20 Office of Management and Budget report.
Sequestration was canceled for the last two fiscal years because of a bipartisan budget deal that was struck in Dec. 2013, but the cuts are scheduled to go back into effect in fiscal 2016 unless Congress cancels them again.
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