Of course, the 17% figure is not nearly as high as the reductions called for by the European Union, Japan, developing nations, and basically everyone else in the world.
The measure, which is a response to across-the-board spending reductions called sequestration, is less punitive than plans that would have seen Pentagon civilians forced to take 14 to 22 days of unpaid leave.
And the 1986 Tax Reform Act, cited as an example of lowering rates through tax expenditure reductions (called base broadening), left all of the major individual tax expenditures largely unchanged.
"I've got to be honest with you," he said, explaining that if the forced spending reductions, called sequestration, are not lifted, the Pentagon will confront $52 billion in more cuts for 2014.
As the figure shows, that retirement schedule puts the U.S. coal power sector on track to come close to the coal power capacity reductions called for in the IEA 450 PPM scenario to limit global temperature increase to 2°C.
Until now few if any US unions and neither of the major labor federations, the AFL-CIO and Change to Win, have supported specific emission reduction targets or even gone on record for the principle of making the reductions called for by scientific consensus.
The Simpson-Bowles Commission, which advised Mr. Obama on debt and deficit reduction, called in December for reducing "excess" payments to hospitals for medical education.
Jean Chatzky, the financial editor for the "Today" show on NBC and author of a book about debt reduction called "Pay it Down," said she had also noticed the tendency of people lavishing the money left after a divorce on themselves.
Or they'll use a flavor-intense shrub reduction called a gastrique, as does Lynn House, the mixologist at the Blackbird restaurant in Chicago, who uses an apple cider vinegar gastrique in her Cognac-based Oz cocktail.
A simple and efficient algorithm for chroma noise reduction, called DCT-CNR, has been presented.
