Released: December 08, 2012
Agencies set up plans to manage cuts if Congress, Obama fail to reach deficit deal
Source: Lisa Rein - The Washington Post
Federal agencies are sharpening their plans to carry out drastic, automatic spending cuts starting Jan. 2 if the Obama administration and Congress cannot agree on a deficit reduction strategy in the coming days.
Read Full Article: Agencies set up plans to manage cuts if Congress, Obama fail to reach deficit deal