Sequestration

Sequestration is a budget technique characterized by the implementation of automatic mandatory spending cuts if deficit levels exceed a certain threshold. The Budget Control Act of 2011 utilized sequestration to encourage Congress to cut federal spending by 1.2 billion dollars. If Congress fails to make the specified funding cuts, sequestration will kick in and automatic cuts will be made to the federal budget. A good portion of the slated cuts will come from the national security budget.

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News & Analysis as of May 19, 2013

Revisit Surveys To Slow Down Due To Budget Sequestration

by Jason Lundy | Polsinelli on 5/17/2013

As of April 5, 2013 and in response to budget sequestration, the Centers for Medicare & Medicaid Services (CMS) warns that revisit surveys for skilled nursing facilities will be delayed and approval requirements for...more

Business Law Newsletter - May 2013

by Rachelle E. Hill, James V. Irving, Alecia Schmuhl | Bean, Kinney & Korman, PC on 5/6/2013

In This Issue: - Subpoenas: What Are They and What Do You Do If You or Your Business Receives One? - Sequestration and the Continuing Resolution’s Effect on Government Contracting - New I-9 Creates Risk...more

Infrastructure Alert - May 1, 2013

by Cozen O'Connor on 5/2/2013

President Obama has nominated Anthony Foxx, the Mayor of Charlotte to replace Ray LaHood as Secretary of Transportation. Mayor Foxx oversaw several large transportation projects during his tenure as mayor, including the...more

Financial Services Legislative and Regulatory Update -- April 29‚ 2013

by Abby Matousek, Jason M. Rosenstock | Mintz Levin - Public Finance on 5/1/2013

In This Issue: Leading the Past Week; Legislative Branch; and Executive Branch. Excerpt from Leading the Past Week - The past week could be best described by one word. Chaos. In the House, a scheduled...more

BRG GovCon Research Report - January - March 2013

by Ryan Byrd, Kelly Lynch, Sajeev Malaveetil, Mary Karen Wills | Berkeley Research Group, LLC on 5/1/2013

In This Issue: - GSA and VA Schedule Matters - Office of Inspector General Reports - Pertinent Government Accountability Office (GAO) Audit Reports - OMB Proposed Guidance - Key Federal Acquisition...more

Sequestration And The Continuing Resolution’s Effect On Government Contracting

by Alecia Schmuhl | Bean, Kinney & Korman, PC on 4/25/2013

On March 26, 2013, President Obama signed the Continuing Resolution, which will fund government operations through the end of Fiscal Year 2013 or September 30. While this may assuage some of the uncertainty of...more

Immigration Law Alert - April 2013

by Larry Stringer | Dickinson Wright on 4/24/2013

A number of current immigration matters deserve your attention and consideration: 1. USCBP Announces the Advent of the Paperless Form I-94 for Air and Sea Arrivals, Effective April 26, 2013. 2. Immigration Reform –...more

Sequestration and its Impact on the Construction Industry

by Elizabeth Cappiello | Ober|Kaler on 4/24/2013

Pursuant to the Budget Control Act of 2011, sequestration is the process by which automatic across-the-board spending cuts are being imposed on government programs. Because Congress was unable to reach an agreement by its...more

Capital Thinking Update - April 15, 2013

by Amy Davenport, Tanya DeRivi, Alexis Early, Jared Fleisher, Mara Giorgio, Karen Kudelko, Erin McGrain, Jessica Monahan, Amy Budner Smith, Stacy Swanson, Joseph Urso, Sarah Vilms, more +Dana Weeks, Pam Welsh | Patton Boggs LLP on 4/24/2013

In This Issue: - General Legislative - Agriculture & Food - Budget, Appropriations and Sequestration - Cybersecurity - Defense - Education - Energy - Environment - Financial Services -...more

Renewable Energy Update -- April 12, 2013

by William R. Devine, Emily L. Murray, Patrick A. Perry | Allen Matkins Leck Gamble Mallory & Natsis... on 4/16/2013

Renewable Energy Focus - ..DOE awarding more than $1.2 billion in energy subsidies despite sequester: The Washington Examiner - Apr 3 - More than $1.2 billion in cash payments has been awarded to...more

Business News Digest – April 2013

by Michael Baader, Jamie Barnett, Andrew Bigart, Amanda C. Blunt, Edward Boyle, Gregory Braker, Robert Burton, Emilio W. Cividanes, John F. Cooney, Krista Coons, Ashley Craig, Daniel Danello, more +Robert P. Davis, Paul Debolt, Douglas Emhoff, Lisa Jose Fales, Matthew R. Farley, Kathryn Floyd, Thomas Gilbertsen, Nancy Grunberg, Michael Hartmere, J. Scott Hommer, Stuart P. Ingis, Jay Johnson, Jonathan King, Mitchell Kolkin, George Kostolampros, Dismas Locaria, Elizabeth Lowe, Melissa McLaughlin, Lindsay B. Meyer, Parker B. Morrill, Jonathan L. Pompan, Hillary Profita, Matthew R. Rabinowitz, Megan Roberts-Satinsky, Anthony Rosso, Martin Saad, Sejal Shah, Raymond Shepherd, Eric R. Smith, Robert Smith, Margaret Strand, Joeann Walker, Ariel S. Wolf, Jason Wool, Brian Zimmet | Venable LLP on 4/15/2013

In this issue: - Finders May Pose Risk in Private Capital Raising - NIST Holds First Workshop on Executive Order Cybersecurity Framework - NIST Issues Request for Information, Begins Developing...more

US DOL Releases FY2014 Budget Request

by Martha J. Zackin | Mintz Levin - Employment, Labor & Benefits on 4/12/2013

On April 10th, the Department of Labor released its fiscal year 2014 budget request. As reported in a press release describing the budget request, the DOL has asked for $12.1 billion in discretionary funding to support...more

Reported Errors in Calculation of 2 Percent Sequestration

by King & Spalding on 4/12/2013

One of King & Spalding’s clients reported to us that its Medicare contractor had not correctly calculated the 2 percent sequestration reduction in payments for purposes of biweekly pass-through payments. ...more

Two Recent Directives from the Centers for Medicare and Medicaid Services (CMS) Could Add to the Pain for Medicare and Medicaid...

by Diane Felix | Armstrong Teasdale LLP on 4/12/2013

First, CMS announced on April 5, 2013, that due to the across-the-board federal budget reductions (aka “sequestration”), effective immediately, State Survey Agencies must obtain approval from the CMS Regional Office before...more

Short Wins - Public Defender Withdrawals Of Two Kinds

by Matthew G. Kaiser | The Kaiser Law Firm PLLC on 4/11/2013

Last week was an active week in the federal appeals courts. Perhaps most interesting - especially to those who are concerned about the state of our federal public defenders - is the Second Circuit's opinion in United...more

Short Wins - More On The Federal Defender Budget Mess And The Withering Sixth Amendment

by Matthew G. Kaiser | The Kaiser Law Firm PLLC on 4/1/2013

Two wins in the Eighth Circuit - nice. Other than that, it's a whole lot of resentencing news. In news related to last week's short wins post, though, where I lamented that Assistant Federal Public Defenders will be...more

Sequestration to Reduce Government Payments to Issuers of Certain Qualifying Bonds

by Dickinson Wright on 3/27/2013

March 2013 On March 1, 2013, $85 Billion in automatic reductions in federal spending occurred as mandated by federal law. The automatic budget cuts are known in the parlance of the Beltway as “sequestration.” For issuers of...more

Sequester the Sequestration Cuts, Please! Why the Health Care Industry Must Brace Itself for More Change...

by Chelsea Trotter | Nossaman LLP on 3/27/2013

As the federal government scrambles to cut burgeoning health care costs, yet increase health care coverage to the uninsured or underinsured, the paradox of expansion, on the one hand, yet constriction, on the other, has...more

Financial Services Legislative And Regulatory Update -- March 25‚ 2013

by Abby Matousek, Jason M. Rosenstock | Mintz Levin - Public Finance on 3/26/2013

In This Issue: Leading the Past Week; Legislative Branch; Executive Branch; and Upcoming Hearings. Excerpt from Leading the Past Week - Members rushed out of town at the end of last week for a two-week...more

Enforcement Heads Reveal All at SIFMA Annual Seminar

by Daniel A. Nathan | Morrison & Foerster LLP on 3/25/2013

The federal budget sequester and recent Supreme Court decision in Gabelli et al. v. Securities and Exchange Commission, 568 U.S. ____ (2013), will not substantially slow down regulators’ enforcement efforts, according to...more

Although Funding Bill Offers Agencies More Discretion On Sequestration, Contractors Should Consider Employment Law Implications in...

by Connie Bertram | Proskauer - Government Contractor Compliance... on 3/25/2013

On March 21, 2013, the House of Representatives approved a spending bill that would provide funding for the federal government through September 30. The Senate had already passed the bill and President Obama is expected to...more

Under Construction - March 2013: The Ever-Shrinking Federal Budget: Preparing for Contract Cut-Backs

by Brett W. Johnson | Snell & Wilmer L.L.P. on 3/22/2013

On March 1, 2013, President Obama signed the order directing “sequestration” to go into effect. As has been repeated constantly leading up to sequestration, $85 billion will now be cut from the federal government’s budget...more

Immigration Related Government Updates: 1. USCIS Announces That H-1B Cap May Be Reached Early In the First Week Of April; 2....

by Hallie Cohen, David Grunblatt, Valarie McPherson, Praveena Swanson, Jennifer Wexler | Proskauer Rose LLP on 3/19/2013

On Friday, March 15, USCIS announced how it plans to process FY 2014 H-1B cap filings. In the USCIS press release, USCIS indicated that it was preparing for the likelihood that the H-1B cap may be reached during the April 1 –...more

Under Construction - March 2013

by Jason Ebe, Brett W. Johnson, Scott C. Sandberg, James J. Sienicki, Mary-Christine ("M.C.") Sungaila | Snell & Wilmer L.L.P. on 3/16/2013

In This Issue: - Letter From the Editor - Tips for Presenting, Analyzing and Resolving Delay and Impact Claims - The Ever-Shrinking Federal Budget: Preparing for Contract Cut-Backs - Colorado Court of...more

Over-the-Cliff: Advice to Contractors Facing Sequestration

by David Hayden, Jackson Moore | Smith, Anderson, Blount, Dorsett, Mitchell &... on 3/15/2013

Automatic spending cuts caused by “sequestration” went into effect on March 1, 2013, after the federal Government could not avoid or further delay sequestration as Congress and the President had agreed during January of 2013....more

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