Here Comes Sequester: Part 2

May 22, 2013

An unwelcome sequel is scheduled for January release and it’s titled Sequester: Part 2.

It is increasingly likely that this second round of indiscriminate cuts will reprise the first sequester, with concomitant public frustration about Washington’s inability to budget rationally.

The first sequester, triggered by the 2011 Budget Control Act, required agencies to cut $80 billion equally from across their operations.

Lawmakers in both parties said they wanted to avoid using this blunt fiscal ax and criticized it for cutting the good with the bad. Agency heads decried worker furloughs and warned of economic pain.

The second year of the 2011 Budget Control Act was supposed to be easier.

From 2014 on, the act imposed spending ceilings on the government that were meant to force appropriators to make considered decisions on spending cuts instead of across-the-board slashing.

More Information

NCMA Resources | Advertise | Privacy Policy | Contact Us | Site Map | © 2012 National Contract Management Association