Associated General Contractors of America

Federal managers aren’t the only ones spooked by the prospect of sequestration-induced budget cuts. Contractors are worried about it too. But the potential numbers – dollars that would be cut – present a smaller problem than the lack of planning the government seems to be doing to prepare for the sequester. Unless Congress acts otherwise, a 10-year, trillion dollar cut in spending starts January 1. That’s a $100 billion a year, $50 billion for civilian agencies, $50 billion for Defense. Sequestration is more a reduction in future growth than absolute declines in spending.

In the grand scheme of things, the numbers aren’t that big. But it would be nice to know precisely where agencies are going to make their trims. It’s likely few agencies know. This is why a bill passed the House Committee on Oversight and Government Reform, demanding that the executive branch detail its sequestration plans.
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