A glance at automatic spending cuts from 2013

November 21, 2011 11:10:54 AM PST
The Budget Control Act passed last August stipulates that failure of the supercommittee and Congress to act on further deficit reduction will trigger across-the-board cuts of $1.2 trillion in both defense and non-defense programs, starting in 2013. Here is a general look at how those cuts may play out through 2021 - some savings would occur after 2021: