A month ago, President Barack Obama signed a law requiring his Office of Management and Budget to produce a report for Congress detailing how it plans to implement across-the-board budget cuts if Democrats and Republicans are unable to strike a long-term debt-reduction compromise.

The automatic cuts, often referred to as “sequestration,” would reduce future defense and domestic spending growth by around $500 billion apiece over the next decade. It’s one of the issues I’ll be following closely as Congress reconvenes. What will the impact be for Hawaii?

Politico reports today that the report from OMB could be coming shortly, maybe even today or tomorrow. Whenever it does come, it should provide some details on what the cuts would mean if they’re implemented at the start of 2013.

The Department of Defense is asking Congress to save the military from the funding cuts, while the domestic programs on the chopping block include “Head Start, child care and AIDS programs,” according to Politico.

Is there anything in particular you’d like to know about how the sequestration will affect you? Leave a note below and I’ll try to dig into it for Hawaii readers.

UPDATE: Thursday’s deadline came and went without word from the White House.

— Michael Levine

Photo by Flickr user keithreifsnyder