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OMB Report On Budgetary Impact Of Sequestration Estimates Global Health Funding Would Decrease By 8.2%

The White House Office of Management and Budget (OMB) on Friday released a report (.pdf) describing the budgetary impacts of sequestration “mandated by the 2011 Budget Control Act,” which would require an annual reduction in government spending of $109 billion per year for nine years, National Journal reports. “Sequestration will go into effect starting Jan. 2 unless Congress can reach a deficit-reduction deal to head it off,” the news service notes (O’Donnell et al., 9/14). “According to the report, global health funding through USAID and State Department, which comprises the majority of U.S. global health funding, would decrease by $670 million, or 8.2 percent, from the FY 2012 level of $8,168 million,” according to the Kaiser Family Foundation’s “Policy Tracker” (9/14).