| 2013 Sequestrian Selected Federal Agencies Reduced Some Services and Investments, While Taking Short-Term Actions to Mitigate Effects Contributor(s): United States Government Accountability (Author) |
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ISBN: 1503375595 ISBN-13: 9781503375598 Publisher: Createspace Independent Publishing Platform OUR PRICE: $16.14 Product Type: Paperback Published: January 2015 |
| Additional Information |
| BISAC Categories: - Reference |
| Physical Information: 0.24" H x 8.5" W x 11.02" (0.62 lbs) 114 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: The Balanced Budget and Emergency Deficit Control Act of 1985 (BBEDCA) established sequestration to enforce discretionary spending limits and control the deficit. In August 2011, Congress and the President enacted the Budget Control Act of 2011 (BCA), amending BBEDCA. Among other things, the BCA established the Joint Select Committee on Deficit Reduction (Joint Committee), which was tasked with proposing legislation to reduce the deficit by $1.2 trillion or more through fiscal year 2021. The absence of such legislation triggered the sequestration process in section 251A of BBEDCA, known as the Joint Committee sequestration, which is the subject of this report.7 6Pub. L. No. 112-25, 125 Stat. 240 (Aug. 2, 2011). BBEDCA has been amended many times, including by the Budget Enforcement Act of 1990, the Statutory Pay-As-You-Go Act of 2010, the Budget Control Act of 2011, the American Taxpayer Relief Act of 2012, and the Bipartisan Budget Act of 2013. This body of law is classified in sections 900 through 907d in title 2 of the United States Code. During fiscal year 2013, several laws changed the timing and amount of sequestration. |