If the idea of the sequester is to save the government massive amounts of money and cut the deficit, a GSA report indicates that budget cuts actually may hamper the agency's ability to cut back on waste.

 

According to Federal Times, the GSA stands to lose $250 million in funding next year. That funding would force it to cut back on projects that find waste and fraud impacting American taxpayers.

 

Estimates indicate that more than $3 billion in savings could be missed due to the cuts. Read more.