Budget cuts by hatchet or scalpel?

The excerpt below is from PBS's Need to Know. Read the entire piece, Budget Cuts by Hatchet or Scalpel, written by Joshua Foust. Follow him on Google+. This weekend’s “debt deal” in Congress, which raised the debt ceiling and agreed to some cuts in the future, contains a change in how the international affairs budget is calculated within the federal budget. In Section 102 of the bill, Function 150 budgets are reclassified as “security.” This means foreign assistance and development programs — USAID, the Millennium Challenge Corporation (MCC) and lots of State Department programs — are now in the same budget category as the Departments of Defense, Homeland Security and the National Nuclear Safety Administration. It might seem like a … [Read more...]