Difference between revisions of "Sequestration"

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'''Budget sequestration''' or '''sequester''' as defined in the Budget Enforcement Act (BEA), is the cancellation of budgetary resources provided by [[discretionary appropriation]]s or [[direct spending]] laws. New budget authority, unobligated balances, direct [[spending authority]], and obligation limitations are “sequestrable” resources; that is, they may be subject to reduction or cancellation under a [[president]]ial sequester order. <ref>[http://www.gao.gov/new.items/d05734sp.pdf A Glossary of Terms Used in the Federal Budget Process], pg. 94, pdf. www.gao.gov</ref>
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===Background===
 
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The Executive impoundment of Congressionally mandated funds, i.e., a president's refusal to spend money appropriated by Congress, had a long history. But after President [[Richard Nixon]] refused to spend money appropriated by Congress for [[Lyndon Johnson|Johnson-era]] [[Great Society]] programs, Democratic President [[Jimmy Carter]] signed legislation passed by the Democratic controlled Congress making it illegal for a president not to spend money appropriated by Congress. By 1985 it became apparent some form of budgetary restraint was necessary.  Sequestration was designed as a [[deficit]]-reduction forcing mechanism, so that unless the President and Congress cooperate each year to reduce the deficit by prescribed amounts, a “sequestration” order would reduce funds down to a mandated figure.<ref>http://law.justia.com/constitution/us/article-2/37-impoundment-of-appropriated-funds.html</ref>
 
  
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===Example of sequester===
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'''Sequestration''' can refer to:
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Upon [[President Barack Obama]]'s historic 2008 election, self-identified communist and [[Progressives for Obama|Progressive activist]] [[Mark Rudd]] observed,
 
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{{Cquote|Obama is a very strategic thinker. He knew precisely what it would take to get elected and didn't blow it. He used [[community organizing]] methods... And I agree with this strategy. Anything else will court sure defeat. Move on the stuff you can to a small but significant extent, gain support and confidence. Leave the military alone because they're way too powerful. For now, until enough momentum is raised. By the second or third year of this recession, when stimulus is needed at the bottom, people may begin to discuss cutting the military budget... <ref>http://theragblog.blogspot.com/2008/11/mark-rudd-lets-get-smart-about-obama.html</ref>}}
 
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On December 5, 2012 it was reported that the [[Pentagon]] on instructions from the [[White House]] [[Office of Management and Budget]] began planning to use sequestration to cut Congressionally mandated military and defense spending.<ref>http://www.defense.gov/news/newsarticle.aspx?id=118712</ref><ref>http://www.govexec.com/defense/2012/12/furloughs-hiring-freeze-table-defense-begins-sequester-planning/59968/</ref>
 
  
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{{ref}}
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#[[Budget sequestration]], an [[Executive Order]] issued by the [[U.S. President]] under the Budget Control Act of 1986 to impound funds mandated by law for federal spending;
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#[[Jury sequestration]], a legal term.
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#Carbon sequestration, a fake solution proposed by [[liberals]] to the fake problem of [[global warming]].
  
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[[Category:Budget terms]]
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[[Category:Disambiguation Pages]]

Latest revision as of 00:08, January 4, 2016

This a disambiguation page

Sequestration can refer to:

  1. Budget sequestration, an Executive Order issued by the U.S. President under the Budget Control Act of 1986 to impound funds mandated by law for federal spending;
  2. Jury sequestration, a legal term.
  3. Carbon sequestration, a fake solution proposed by liberals to the fake problem of global warming.