Those caps will ultimately reduce spending to its lowest level as a percent of the economy since the 1970s, according to a report from Democrats on the House Appropriations Committee.
Even without the spending cuts included in the so-called “sequester,” America’s domestic spending levels are scheduled to hit historic lows in the coming years. That’s because the Budget Control Act, signed into law as part of the plan to raise the debt ceiling in August 2011, capped future spending levels.
Those caps will ultimately reduce spending to its lowest level as a percent of the economy since the 1970s, according to a report from Democrats on the House Appropriations Committee.
Food safety: The Food and Drug Administration nearly doubled its inspection of food imports between 2007 and 2011, but such inspections would be reduced by 24 percent under scheduled spending caps. Food imports are skyrocketing, but the FDA inspects only 2.3 percent of them. In addition, budget cuts have jeopardized implementation of major food safety reforms.
Aviation Safety: The Federal Aviation Administraton has faced $205 million in cuts to programs meant to help update its infrastructure, even as the department is switching its monitoring system to a safer one based on satellites.