GSA could lose $250 million in funding
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.
READ MORE at federaltimes.com.
Would you like to contribute to this story? Join the discussion.
RecommendedRecent Facebook Activity
Only On 7
"Katie" weekdays at 4pm on ABC7 followed by Leon Harris and Alison Starling on ABC7 News at 5. Click here to find out more about "Katie!"