Friday, September 14, 2012

FSA and CCC: the Magic Numbers

Are 8.2 and 7.6.

What does that mean? Based on a very fast skim of the OMB report on sequestration, FSA would take an 8.2 percent hit to its administrative funds, and CCC would take a 7.6 percent hit to part of its funds. I don't understand the CCC calculation but the cut amounts to $469 million, with a good portion of the $19,175 billion either exempt or offset.

[Update: Appendix B has a breakdown of sequestrable versus exempt.  Unfortunately I can't copy the text, but something called the "Discrimination Claim Settlement" is sequestrable.  Is that Pigford, or the women and Hispanic?]

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