The Defense Department estimates that furloughs, which began Monday, will save $1.8 billion as part of the automatic spending cuts—referred to as the “sequester”—imposed across the federal government.
Over the next nine years, the U.S. plans to slash $1.2 trillion in defense and domestic discretionary spending. In the 2013 fiscal year, the government has cut approximately $85.4 million in spending, $46 million of that in defense.
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