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May 30, 2023 · Sequestration is a term adopted by Congress to describe a backup fiscal policy mechanism to enforce budgetary discipline over agreed-upon deficit reduction targets established under the 2011...
- Jean Folger
Budget sequestration is a provision of United States law that causes an across-the-board reduction in certain kinds of spending included in the federal budget. Sequestration involves setting a hard cap on the amount of government spending within broadly defined categories; if Congress enacts annual appropriations legislation that exceeds these ...
Mar 13, 2024 · Sequestration refers to automatic spending cuts that occur through the withdrawal of funding for certain (but not all) government programs.
Mar 31, 2019 · Members of Congress use sequestration to reduce spending across the board when the government's annual deficit reaches a point that is unacceptable to them. Congress imposed spending caps on discretionary portions of federal spending through 2021, a move that was designed to save taxpayers about $1.2 trillion over nearly a decade.
Aug 14, 2023 · The purpose of a sequester is to enforce certain statutory budget requirements, such as enforcing statutory limits on discretionary spending or ensuring that new revenue and mandatory spending laws do not have the net effect of increasing the deficit.
Apr 26, 2016 · The 2013 budget cuts known as “sequestration” were the first of their kind in more than two decades—and they’ll be with us for years. In fact, sequestration in some form is scheduled to continue annually through 2025, in the hopes of reducing the U.S. deficit by at least $1.2 trillion.
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What is the purpose of a sequester?
Feb 22, 2013 · A. In past decades, budget laws have periodically allowed the executive branch to make small across-the-board spending cuts to the levels initially appropriated by Congress. These cuts are known...
