Search results
Apr 27, 2022 · When it comes to the federal budget, sequestration is the act of cutting spending by withdrawing funding for certain government programs. The Congressional Budget Office provides the estimates, and the Office of Management and Budget renders the ultimate decision on whether and how much to sequester.
- Kimberly Amadeo
May 30, 2023 · Sequestration, or "the sequester," is a procedure by which planned spending increases are moderated by pre-specified percentages if Congress fails to agree to a budget that meets agreed-upon caps ...
- Jean Folger
Mar 14, 2024 · Sequestration is a budget procedure used by lawmakers to cancel or limit funding in order to meet budget goals. It can be intended as an enforcement mechanism to discourage lawmakers from violating a specific budgetary goal or to encourage lawmakers to enact legislation that achieves a desired budgetary outcome.
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. CBO provides estimates of the statutory caps on discretionary funding and an assessment of whether sequestration might be necessary under current budgetary rules, but the Administration's Office of Management and Budget makes the ultimate determination of ...
Mar 31, 2019 · Updated on March 31, 2019. Sequestration is the federal government's way of applying mandatory spending cuts across most programs and agencies during the budgeting process. 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.
People also ask
What does sequestration mean?
What is a sequestration budget?
Is a sequestration necessary?
How does Congress use sequestration?
How does sequestration affect government spending?
When was sequestration used in Federal Budget Control?
Sequestration refers to the automatic reduction of federal spending that occurs when Congress fails to reach an agreement on budgetary appropriations, particularly in relation to the debt ceiling. This mechanism aims to enforce fiscal discipline by implementing mandatory cuts across various programs and agencies, impacting government operations and services. By triggering these cuts ...
