Search results
Results from the WOW.Com Content Network
Discretionary spending for the 2012-2020 periods, as projected in the CBO's Budget and Economic Outlook publications from January 2010 and February 2013. The Budget Control Act of 2011 (which includes the sequester) is the primary difference.
The Bipartisan Budget Act of 2013 (H.J.Res. 59; Pub. L. 113–67 (text)) is a federal statute concerning spending and the budget in the United States, that was signed into law by President Barack Obama on December 26, 2013.
The term "budget sequestration" was first used to describe an enforcement procedure of the Balanced Budget and Emergency Deficit Control Act of 1985 (BBEDCA) designed to keep Federal deficits below a maximum level limit. The hard caps were abandoned and replaced with a PAYGO system by the Budget Enforcement Act of 1990, which was in effect ...
In 2019, both parties teamed up to essentially repeal the remaining Obama-era Budget Control Act spending caps as well as many of the taxes originally enacted to pay for the Affordable Care Act ...
The two-year budget deal passed by Congress and signed into law by President Trump earlier this month lifted spending caps for the next two years imposed under the 2011 Budget Control Act ...
The Budget Control Act of 2011 was passed in August 2011 as a resolution to the debt-ceiling crisis. The fiscal year (abbreviated as FY) 2013 budget is the first to be affected by the second of two rounds of budget cuts specified in the act. (The first round of cuts has already been applied to the ten years beginning in FY2012.)
The Budget Control Act of 2011 (Pub. L. 112–25 (text), S. 365, 125 Stat. 240, enacted August 2, 2011) is a federal statute enacted by the 112th United States Congress and signed into law by US President Barack Obama on August 2, 2011.
For premium support please call: 800-290-4726 more ways to reach us