House Introduces Bill to Eliminate Sequestration for Security-Related Functions

February 19, 2014

House Introduces Bill to Eliminate Sequestration for Security-Related Functions

On December 3, 2013, Rep. Jim Bridenstine (R-OK), along with co-sponsor Rep. Doug Lamborn (R-CO), introduced the “Provide for the Common Defense Act of 2013” (H.R. 3639). If passed, this bill would cancel sequestration for the revised security category, which refers to discretionary appropriations for the national defense budget function, and offset this increased spending by imposing spending reductions on Medicare, agriculture subsidies, and federal employee retirement contributions. Additionally, this bill would alter the manner in which cost of living adjustments are calculated for Social Security and related programs. The bill was referred to the Committee on the Budget and the Committees on Ways and Means, Energy and Commerce, Agriculture, Oversight and Government Reform, and House Administration. 






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