Sequestration Debt Ceiling

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

Lawmakers Reach Deal to End Government Shutdown, Raise Debt Ceiling

While the focus over the past 16 days has been on the shuttered government and the prospect of the United States defaulting on its debt obligations, there are subtexts that are relevant to the health care industry. This On...more

Investing In Georgia: Economic Development Newsletter - February 2013

In This Issue: Welcome to King & Spalding's economic development news bulletin,Investing in Georgia. In this edition, you will find: - An overview of the sequester, debt ceilings, continuing resolutions to fund...more

Capital Thinking Update - February 4, 2013

In This Issue: General Legislative; Debt Limit; Agriculture & Food; Budget, Appropriations; Cybersecurity; Education; Energy; Financial Services; Health Care; International Defense and Homeland Security; and,...more

This Week in Washington - February, 2013

In This Issue: - DOMESTIC POLICY MATTERS - U.S. Economy. Preliminary figures released this week revealed that the U.S. economy contracted at an annual rate of 0.1 percent in the fourth quarter of 2012, marking...more

Financial Services Legislative And Regulatory Update -- February 4‚ 2013

In This Issue: Leading the Past Week; Legislative Branch; Executive Branch; Miscellaneous; and Upcoming Hearings. Excerpt from Leading the Past Week - Even though the Senate sent a debt limit extension to the...more

113th Congress Underway by Thomas J. Spulak

The 113th Congress opened this week. In many ways, however, it began in the long shadow of the 112th Congress, which ended on January 3. Numerous issues were either left unresolved or only partially addressed, requiring...more

Financial Services Legislative And Regulatory Update -- January 28, 2013

In This Issue: Leading the Past Week; Legislative Branch; Executive Branch; and Upcoming Hearings. Excerpt from Leading the Past Week - The week began with the theater of official Washington appearing to...more

This Week in Washington - January 11, 2013

In This Issue: - DOMESTIC POLICY MATTERS - Congress is in recess this week. The House returns on Monday, and the Senate returns January 21st. Debt Ceiling, Budget & the Economy. The President’s Fiscal...more

Washington Insight - Special Edition: Congress Steps Away From Fiscal Cliff

For months in Washington, and beyond, attention has been focused on the "fiscal cliff" -- the combination of the expiration of the Bush tax cuts and the looming budget cuts referred to as "sequestration." Negotiations led by...more

The Cuts Are Coming, Payments May Not Be: How Defense Contractors Can Prepare

Government contractors are facing a year of unprecedented uncertainty. Three things contribute to this: (1) reduced funding requested by the Pentagon; (2) the prospect of sequestration (the automatic cuts triggered when a...more

10 Results
|
View per page
Page: of 1