Sequestration Cost CBP $595 Million, OMB Says
CBP had to cut spending by 5 percent, or $595 million in FY 2013 due to funding sequestration required by Congress, according to the Office of Management and Budget's Report to Congress on FY 2013 Sequestration. Other relevant cuts, all…
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in the 5 percent range, include $327 million for the Transportation Security Administration, $295 for Immigration and Customs Enforcement, and $295 million for the U.S. Coast Guard. OMB said it considers the cuts "deeply destructive to national security, domestic investments, and core Government functions."