VA Budget Is Exempt From Automatic Cuts, GAO Says

Law360, New York (May 23, 2012, 7:31 PM EDT) -- U.S. Department of Veterans Affairs spending, including spending on military health care, is exempt from sequestration, a process of automatic budget cuts set to kick in in January, according to a Monday legal opinion by the U.S. Government Accountability Office.

Congress had asked the GAO to resolve an ambiguity between the the Budget Control Act of 2011, which put the sequestration in place, and a 1985 sequestration law that the BCA amended, the Balanced Budget and Emergency Deficit Control Act. While BBEDCA allows for 2 percent...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.