Sequestration Barack Obama

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... more +
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.  less -
News & Analysis as of

Energy And Environment Update -- July 1, 2013

In This Issue: Energy and Climate Debate; Congress; Administration; Department of Energy; Department of Interior; Department of State; Department of Treasury; Environmental Protection Agency; International; States; and...more

Capital Thinking Update - June 3, 2013

General Legislative - The Senate will convene today, Monday, June 3, at 2:00 pm and begin a period of morning business. Thereafter, the Senate will resume consideration of S. 954, the Farm Bill, provided that alfalfa...more

Infrastructure Alert - May 1, 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

Capital Thinking Update - April 15, 2013

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

US DOL Releases FY2014 Budget Request

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

Legal Alert: Sequestration to Cause CREB Payments to Be Reduced by 8.7%

The Office of Management and Budget has issued its Report to the Congress on the budget sequestration for federal fiscal year 2013 required by the Balanced Budget and Emergency Deficit Control Act of 1985, as amended by the...more

Certain Direct Pay Bonds Subsidy Payments to be Reduced

An Executive Order signed by the President on March 1, 2013 will trigger automatic reductions in subsidy payments for certain Direct Pay Bonds. Pursuant to the requirements of the Budget Control Act of 2011 and the...more

President Obama Issues Sequestration Order, CMS Has Yet to Publish Implementation Instructions

On March 1, 2013, President Obama issued a sequestration order directing the Office of Management and Budget (OMB) to administer across-the-board cuts to federal spending. Concurrently, OMB issued a report to Congress...more

Election Behind Us: Looking Ahead to the Fiscal Cliff and 2013

The balance of power in Washington remains intact: control of The White House and Congress remains as it was prior to the election. Notwithstanding that balance of power, we are NOT in a status quo political environment....more

Sequestration Transparency Act

President Obama signed the Sequestration Transparency Act of 2012 (PL 112-155) on August 07, 2012. Under the terms of the Act, the Obama Administration now has until September 6, 2012 to submit to Congress a detailed report...more

10 Results
|
View per page
Page: of 1