Sequestration: What is it?"It's a series of automatic, across-the-board cuts to government agencies, totaling $1.2 trillion over 10 years. The cuts would be split 50-50 between defense and domestic discretionary spending.
It's all part of attempts to get a handle on the growth of the U.S. national debt, which exploded upward when the 2007 recession hit and now stands at more than $16 trillion. The sequester has been coming for more than a year, with Congress pushing it back to March 1 as part of the fiscal cliff deal at the end of the last session."
Source: CNNNew Tool to Document the Human Effects of Sequestration CutsThe National Council of Nonprofits (Council of Nonprofits) announced the launch of
www.GiveVoice.org as a storytelling and data collection hub for people and nonprofits affected by sequestration. This new tool will enable charitable nonprofits to report the negative effects of the sequester on real people in local communities across America. It also shows how sequestration will increase community demands and decrease needed resources, saddling nonprofit staff and board members with unsustainable burdens.
Read more...What are Nonprofit Leaders and Media Outlets Saying?Tim Delaney of the National Council of Nonprofits released
this statement on Friday.
NonProfit Times: Chronicle of Philanthropy: Nonprofit Quarterly: 