News Headlines Article

HHS braces for sequester cuts
Modern Healthcare

HHS is bracing itself for the automatic federal budget cuts set to take effect next week, but it does not have a projection of how many department employees will be affected by the spending reductions.

Unless Congress reaches a budget agreement by March 1, $85 billion in spending cuts to defense and nondefense programs will kick in for the remainder of the fiscal year, which ends in September. Known as sequestration, the budget reductions are part of the $1.2 trillion in across-the-board spending cuts to federal programs over 10 years that Congress agreed to in the Budget Control Act of 2011.