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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
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 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.
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.
Jul 20, 2017 · Since then, sequestration has lost some of its deterrent effect. For example, after the “super committee” 1 failed to agree on ways to achieve the $1.2 trillion in deficit savings mandated by the 2011 Budget Control Act, a sequester of FY 2013 discretionary budget authority was imposed. A sequester of non-exempt mandatory programs was also ...
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 ...
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Apr 26, 2016 · Sequestration and mandatory spending Sequestration is an across-the-board reduction in federal agency budgets. These cuts were triggered when action was not taken to reduce the federal deficit as required under the Budget Control Act of 2011. Sequestration has targeted both mandatory and discretionary spending programs.
