Obama Seeks Delay Of Spending Cuts | Chemical & Engineering News
 
 
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Volume 91 Issue 6 | p. 26 | Concentrates
Issue Date: February 11, 2013

Obama Seeks Delay Of Spending Cuts

Department: Government & Policy
Keywords: sequester, federal spending, research funding, federal budget, Barack Obama

President Barack Obama last week called for Congress to pass a second postponement of across-the-board federal spending cuts, called sequestration, that are to take effect March 1. Sequestration was initially scheduled to take effect on Jan. 1, but Congress moved back the deadline. Obama said a second delay would give him and lawmakers time to work out a package of spending reductions and tax reforms for revenue generation that would replace sequestration and move toward . . .

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