Under the Budget Control Act, most Federal programs face an across-the-board cut
in January 2013 if Congress does not enact a plan before then to reduce the national debt by $1.2 trillion. So far, we’ve heard a great deal about sequestration’s effects on Pentagon spending. The defense industry has highlighted the potential impact of an across-the-board cut on defense-related jobs and services. Some members of Congress are now demanding that we exempt the Pentagon from sequestration, either by finding offsets for the defense cuts only or by making nondefense programs bear the full brunt of the entire $1.2 trillion in cuts. Under the Budget Control Act, most Federal programs face an across-the-board cut in January 2013 if Congress does not enact a plan before then to reduce the national debt by $1.2 trillion.
http://harkin.senate.gov/documents/pdf/500ff3554f9ba.pdf
