NEWS
Ag Policy Blog
Chris Clayton DTN Ag Policy Editor
Fri Mar 1, 2013 08:43 PM CST

The White House late Friday issued its orders for the sequester cuts, as well as a detailed accounting of the cuts in a letter from the Office of Management and Budget.

The cuts amount to $85.33 billion, of which $42.667 billion will come equally from defense and other domestic programs.

Medicare will take a 2% cut, accounting for $11.347 billion.

The OMB letter states that because the cuts must take place over seven months instead of 12, the reductions amount to 13% for defense programs and 9% for non-defense programs.

For USDA, the cuts are effectively 5% across the board for ...

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