Transcribed
The Automatic Sequester
The Automatic Sequester Annual and Cumulative Spending Cuts Under $1.2 Trillion BCA Sequester, Fiscal Years 2013-2021 2013 2014 2015 2016 2017 2018 2019 2020 2021 0. -50 -100 -$150 billion Medicare $47b Other Mandatory |Defense Discretionary Non-Defense Discretionary $123b 11% Interest Total Spending Cuts $1.1 trillion $454b 42% $169b 16% "Total spending cuts do not add up to $1.2 trillion by 2021 due to delays in the effect of the cuts on discretionary outlays. $294b 27% SOURCE: Pew analysis of Congressional Budget Office data. NOTES: See chart 8 in the notes section of 10 Essential Fiscal Charts at pewtrusts.org PEW
The Automatic Sequester
shared by epotler on Feb 08
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Illustrates how the choices made over the last 10 years contributed to our nation’s debt and the challenges currently facing the Joint Select Committee on Deficit Reduction.
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