GSA could lose $250 million in funding

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If the idea of the sequester is to save the government massive amounts of money and cut the deficit, a GSA report indicates that budget cuts actually may hamper the agency's ability to cut back on waste.

According to Federal Times, the GSA stands to lose $250 million in funding next year. That funding would force it to cut back on projects that find waste and fraud impacting American taxpayers.

Estimates indicate that more than $3 billion in savings could be missed due to the cuts.


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