Budget 'Sequestration' and Selected Program …

CRS Report for CongressPrepared for Members and Committees of Congress Budget sequestration and Selected Program Exemptions and Special Rules Karen Spar, Coordinator Specialist in Domestic Social Policy and Division Research Coordinator June 13, 2013 Congressional Research Service 7-5700 R42050 Budget sequestration and Selected Program Exemptions and Special Rules Congressional Research Service summary sequestration is a process of automatic, largely across-the-board spending reductions under which budgetary resources are permanently canceled to enforce certain Budget policy goals. It was first authorized by the Balanced Budget and Emergency Deficit Control Act of 1985 (BBEDCA, Title II of 99-177, commonly known as the Gramm-Rudman-Hollings Act). sequestration is of current interest because it has been triggered as an enforcement tool under the Budget Control Act of 2011 (BCA, 112-25). sequestration can also occur under the Statutory Pay-As-You-Go Act of 2010 (Statutory PAYGO, Title I of 111-139).

Budget “Sequestration” and Selected Program Exemptions and Special Rules Congressional Research Service Summary “Sequestration” is a process of automatic, largely across-the-board spending reductions under

Tags:

  Summary, Budget, Sequestration

Information

Related search queries