White House Misses Deadline on Fiscal Cliff Report

White House Misses Deadline on Fiscal Cliff Report


On Sept. 7, the White House said it will miss the legal deadline for delivering a report to Congress on the spending cuts from sequestration that are scheduled to take effect in 2013. Spokesman Jay Carney said the report will be released the week of Sept. 10.

Under the terms of the Sequestration Transparency Act signed in August, President Obama was to tell Congress by Sept. 7 how the administration plans to implement the $109 billion in automatic cuts mandated by the Budget Control Act.

The sequestered cuts coming in January were triggered by the failure of the 2011 Supercommittee to reach a compromise on deficit reduction.


Posted on Friday, September 07, 2012 (Archive on Monday, January 01, 0001)
Posted by NStaff  Contributed by
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