Transcription of Medicare and Budget Sequestration
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Medicare and Budget Sequestration Updated May 11, 2021 Congressional Research Service R45106 Congressional Research Service SUMMARY Medicare and Budget Sequestration Sequestration is the automatic reduction ( , cancellation) of certain federal spending, generally by a uniform percentage. The sequester is a Budget enforcement tool that was established by Congress in the Balanced Budget and Emergency deficit Control Act of 1985 (BBEDCA, also known as the Gramm-Rudman-Hollings Act; 99-177, as amended) and was intended to encourage compromise and action, rather than actually being implemented (also known as triggered).
May 11, 2021 · Sequestration is the automatic reduction (i.e., cancellation) of certain federal spending, generally by a uniform percentage. The sequester is a budget enforcement tool that was established by Congress in the Balanced Budget and Emergency Deficit Control Act of 1985 (BBEDCA, also
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