White House delays release of Sequestration report

Last week, the White House was expected to release its report that was required by the Sequestration Transparency Act of 2012 (Pub.L. 112-155), which was signed by the President on August 7th and gave the White House’s Office of Management and Budget (OMBOffice of Management and Budget) 30 days to outline how it would implement the more than $100 billion in spending cuts during FY13. While the cuts are supposed to be taken across-the-board, the Office of Management and Budget has final say on how they would be implemented. Until now, the White House has remained mum on how sequestration would be implemented, instead focusing their efforts on how to stop sequestration.  They announced that the report would be delayed for approximately one week.