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Search Tags: Sequestration
If there is a partial shutdown of government services, now or later, politicians will blame each other. But the big losers will be federal workers in IRS and Social Security offices, and TSA screeners at airports who are going to take the heat, Senior Correspondent Mike Causey says.
On this week's Bloomberg Government Capital Impact show, analysts will discuss sequestration and its impact on Congress.
February 28, 2013
The Internal Revenue Service and the Social Security Administration — two of the largest federal agencies with very public missions — are taking divergent paths when it comes to dealing with the automatic, across-the-board budget cuts known as sequestration. IRS says it is planning for five to seven furloughs days, while SSA says it hopes to forego furloughs through alternative savings.
Sequestration is the worst possible thing that could happen to you as a taxpayer and a federal worker or contractor, right? Wrong. Sequestration would take a big bite out of things but the coming crises over agency budgets could turn out to be much, much worse, Senior Correspondent Mike Causey says.
The administration issued new guidance late Wednesday detailing specific steps agencies should take as sequestration now is one-day away. Danny Werfel, OMB's controller, told agency leaders to place "increased scrutiny" around several personnel issues, including new hires, training, travel and conferences.
The automatic budget cuts set to occur under sequestration will go into effect as a matter of law on Friday. But their full impact won't be felt until late this spring, long after lawmakers encounter the next budget showdown.
Customs and Border Protection became one of the first civilian agencies to notify the union that represents their employees that they want to begin discussing the implementation of furloughs under sequestration. NTEU and AFGE expect to hear from more agencies in the next two weeks if cuts from sequestration go into effect March 1.