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OMB to begin planning for sequestration

Faced with congressional inaction in averting looming across-the-board cuts that take effect in January, the Office of Management and Budget will begin meeting with agency leaders to discuss how the cuts will be implemented. In a memo to agency heads, OMB Director Jeff Zients said his office will consult with agencies to determine which budget accounts and programs are exempt from sequestration.

Tags: OMB , Jeff Zients , budget , sequestration , Congress , Sequestration Transparency Act , Jack Moore

Wednesday - 08/01/2012, 06:18am EDT