date:Feb 28, 2013
Grossman pointed out the sequestration is based on the F.D.A.s full-year budget, but the cost savings for the entire fiscal year will have to be found and implemented in the seven remaining months of the year.
Looking only at the remaining seven months, a sequester of $210 million would represent an 8.75% cut (in spending), Mr. Grossman said. Many federal agencies are hoping to meet some of their sequester obligations with non-personnel cutbacks, and F.D.A. will do its best to follow this mode