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View Diary: Top House Republicans calls second round of sequester 'idiotic,' but says his hands are 'tied' (31 comments)

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  •  Where do these numbers come from??? (1+ / 0-)
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    blue aardvark

    ". . . . the second year of the sequester, which will reduce spending in FY2014 from $1.043 trillion to $967 billion."

    Yep, that's what the Hill article says, but where on earth do these numbers come from?

    I've read the Budget Control Act of 2011, two years ago, and I downloaded the PDF to my hard drive . . . or so I thought. Maybe I got the wrong file, and folks are reading a totally different version from what I thought was enacted. Seriously. I'm confused. Help!

    (page 43)
    21 ‘‘Unless a joint committee bill achieving an amount
    22 greater than $1,200,000,000,000 in deficit reduction as
    23 provided in section 401(b)(3)(B)(i)(II) of the Budget Con-
    24 trol Act of 2011 is enacted by January 15, 2012, the dis-
    25 cretionary spending limits listed in section 251(c) shall be

    (page 44)
    1 revised, and discretionary appropriations and direct
    2 spending shall be reduced, as follows:
    * * *
    19 ‘‘(B) For fiscal year 2014—
    20 ‘‘(i) for the security category,
    21 $556,000,000,000 in budget authority; and
    22 ‘‘(ii) for the nonsecurity category,
    23 $510,000,000,000 in budget authority.
    * * * *

    The FY 2014 budget cap is a slight increase from FY 2013, according to my copy of the Budget Control Act of 2011, so what on earth is The Hill talking about?

    Honestly, I'd like to know where I made my mistake.

    If it ain't broke, break it.

    by tomwfox on Wed May 22, 2013 at 02:58:53 PM PDT

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