Despite some, shall we say, ambiguity from President Barack Obama, the U.S. Department of Veterans Affairs could in fact be impacted by the sequestration budget cuts that will take effect if a compromise isn’t reached in time.
VA Secretary Eric Shinseki, Hawaii-born and pictured below, told a joint hearing of the House Veterans Affairs and Armed Services Committees Wednesday that his department “is exempt from sequestration - except for administrative costs,” according to Politico.
More from that story:
The White House Office of Management and Budget released a letter in April, assuring that veterans’ benefits and health care would not be hit by sequestration as laid out by the Budget Control Act of 2011. All government agencies will be automatically cut by an additional $1.2 trillion over the next 10 years if Congress can’t agree on a new deficit reduction plan.
The Defense Department is facing an additional $500 billion in cuts if sequestration begins to take effect on Jan. 2.
Read the rest here: Some Veteran Affairs funds could be sequestered
— Michael Levine