War Funds Face Automatic Cuts in January, Pentagon Says
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Funds for war operations, including in Afghanistan, face automatic cuts in January if Congress and the White House don’t agree on ways to reduce the deficit, according to a Pentagon spokeswoman.
The Pentagon reversed earlier statements that the war spending, known as overseas contingency operations (OCO) funding, wouldn’t be subject to automatic cuts. The cuts called sequestration were mandated under the Budget Control Act of 2011, which created a special congressional committee and required automatic reductions when it failed in November to agree on ways to cut the deficit.