The folks at the White House budget office have their abacus faces out. After doing some sliding around, they've figured out that $5 billion of the scheduled $85 billion in automatic sequestration cuts can be restored. That frees up an estimated $4 billion for the Pentagon and $1 billion to be used by the Homeland Security Department and NASA. With $80 billion in spending cuts still set to take effect—and starting to be imposed already—Congress is facing dire warnings from agencies over the negative effects of budget slashing.
Read it at Talking Points Memo
