OMB to Pentagon: Get ready for sequestration

12/5/2012 | Bloomberg Businessweek

The Office of Management and Budget is telling the Pentagon and other federal agencies to prepare for the first round of sequestration cuts, a move that comes as the deadline for automatic cuts is just weeks away. "We don't want to go off the fiscal cliff, but in consultation with OMB we think that it is prudent at this stage to begin at least some limited internal planning," said Department of Defense spokesman George Little.

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