Factbox: Impact of across-the-board U.S. budget cuts

(Reuters) – Deep U.S. budget cuts are due to kick in Friday unless Congress acts to stop them, which is unlikely. The $85 billion in across-the-board cuts, mandated by a 2011 deficit reduction law, apply in equal measure to defense and non-defense spending. The do not apply to about 70 percent of the money spent by the U.S. government, which includes Medicare, Medicaid, Social Security and interest on government debt. …