The funding package contains 2013 Appropriations bills for Defense and Military Construction/Veterans Affairs, as well as continuing resolutions (CR) at Fiscal Year 2012 levels for the remaining 10 Appropriations bills. The Continuing Resolution maintains some anomalies included in the previous six-month Continuing Resolution valid through March 27th, and includes few others to account for changing needs and circumstances.
The bill's overall spending level complies with the discretionary spending cap enacted in the Budget Control Act for FY2013, which is $1.043 trillion. In order to achieve that level, an across-the-board cut would reduce security spending in the bill by 0.109% and non-security spending by 0.098%.
The funding package would not prevent sequestration for affected departments and agencies, which would reduce the overall level of spending to $984 billion, according to the Congressional Budget Office's latest estimate.
Source: U.S. Department of HCA
