Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Sequestration Nation: Who's Going to Feel the Cuts?

By Emma Fidel - 2013-03-20T11:54:45Z

Photograph by Victor J. Blue/Bloomberg

Company Symbol % Change
2 of 13

Half From Defense

About half of all sequestered funds will come from the Defense Department, which faces $46 billion in cuts through this fiscal year alone. “We will have to make cutbacks and delays in virtually every investment and program in the department, more than 2,500 of them,” Robert Hale, the Pentagon comptroller, said at a Feb. 20 news conference. Army training could be cut for the 78 percent of units that aren’t already deployed in Afghanistan or South Korea or going this year, Todd Shields and David Lerman report. The March 21 measure provides an additional $10 billion for the Defense Department’s operations and maintenance accounts, Tony Capaccio reports. Pentagon managers had planned to notify about 750,000 civilian employees this week that they could face one day a week of unpaid leave starting April 25. The Pentagon will now delay furlough notices until at least April 5 due to the added funds.