What is Sequestration?
Posted: 27 February 2013 01:14 PM   [ Ignore ]  
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Sequestration, sometimes called the sequester, is a process that automatically cuts the federal budget across most departments and agencies.

Congress included the threat of sequestration in the Budget Control Act of 2011 as a way to encourage compromise on deficit reduction efforts.

Congress couldn’t agree on a budget by the deadline set in the Budget Control Act, so mandatory budget cuts were scheduled to go into effect on January 2, 2013.

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