Unreal we are being put through this.

This Just In

The president signed an order Friday required by law that set in motion $85 billion in automatic, government-wide cuts — cuts that both Democrats and Republicans said they didn’t want, though they couldn’t agree on how to prevent them.

The cuts amount to roughly 9% for a broad range of non-defense programs and 13% for the Pentagon over the rest of the current fiscal year, which ends on September 30.

They were included in a 2011 deal to raise the federal borrowing limit as an unacceptable outcome if Congress failed to agree on a comprehensive deficit reduction plan. That plan did not happen.

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About Tom Johnson

As a Greenbrier County REALTOR®, I offer clients more real estate experience and expertise than others. Having 25+years of determination, competitive spirit, and my belief about success. Looking for land, farms, commercial locations, or vacation/residential homes for sale. I am the Greenbrier, Monroe, Summers and surrounding Counties in Southern West Virginia real estate specialist.
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