Orange County NC Website
• <br /> • <br /> VI. HOW DO THE SPENDING CUTS WORK? <br /> A. AFFECTED PROGRAMS CUT ACROSS—THE—BOARD BY.A UNIFORM PERCENTAGE <br /> B. 1/2 OF CUTS FROM DEFENSE <br /> C. 1/2 OF CUTS FROM NON—DEFENSE <br /> D. EXCEPTIONS TO GRAMM—RUDMAN—HOLLINGS AUTOMATIC CUTS <br /> Table 2 - - - <br /> Fiscal 1987 Sequestration Process: • <br /> • Where the Cuts Would Fall* - • - • <br /> Asia 1987** Fiscal 1987 <br /> Fxemptpmg s (S billions) (%) <br /> Social secuci -` - <br /> Interest on the national debt X150 21% <br /> Nondefense prior-year commitmeats 78 <br /> 8 <br /> Lcw.income programs*** 61 6 <br /> Unemployment compensation 20 2 • <br /> Veterans'pensions and compensation 15 2 <br /> Offsetting receipts. <br /> -42 -4 <br /> $492 $0% <br /> Programs facing limited cuts • <br /> Prior-year defense contracts $100 10% <br /> Retirement nt programs with COLAs 48 5 <br /> Total facing limited cuts $234 - 24% <br /> What's left? <br /> Domestic proms mom°. S 90 9% <br /> Defense pro ms 174 17% <br /> Total what's left? $264 26% <br /> • <br /> Totalfiseal 1987 budget $990 - 1OOk <br /> *The figures for fiscal 1987 arc estimates_They do not represent the actual numbers <br /> contained in the President's budget proposal. - <br /> **Numbers may not add to totals due to rounding. <br /> ***Medicaid; aid to families with dependent children;special supplemental feed- <br /> ing program for.►-omen, infants, and children; supplemental security income;food <br /> stamps,and child nutrition. <br /> • <br /> E. NO PROGRAM CAN BE ELIMINATED <br /> F. ELIGIBILITY REQUIREMENTS FOR BENEFITS CANNOT BE CHANGED <br /> (YET WHILE ELIGIBILITY FOR BENEFITS REMAINS, THE SERVICE MAY NOT BE PROVIDED) <br />