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Budget Control Act: Potential Impact of Sequestration on Health Reform Spending


The Budget Control Act of 2011 (BCA) established new budget enforcement mechanisms for reducing the federal deficit over the 10-year period FY2012-FY2021. The BCA placed statutory limits, or caps, on discretionary spending for each of those 10 fiscal years, which will save an estimated $0.9 trillion during that period. In addition, it created a Joint Select Committee on Deficit Reduction (Joint Committee) with instructions to develop legislation to reduce the federal deficit by at least another $1.5 trillion through FY2021. In the event that Congress and the President were unable to enact a Joint Committee bill-as turned out to be the case-then automatic annual spending reductions would be triggered beginning in FY2013. Under the BCA, the reductions would be achieved by a combination of sequestration (i.e., an automatic across-theboard cancellation of budgetary resources) and lowering the caps on discretionary spending. The President was required to order a sequestration of FY2013 budgetary resources on January 2, 2013. However, that deadline was delayed until March 1, 2013, by the American Taxpayer Relief Act of 2012.


THE DOCUMENT INCLUDES FOLLOWING FILES:
# FILE NAME Document Date Order ID: Number of Pages PRICE
1 R42051.pdf Jan 17, 2013 R42051 21 $19.95 ADD TO CART

Older Versions:

Budget Control Act: Potential Impact of Sequestration on Health Reform Spending  [Order No: R42051  Release Date: May 01,2013  Pages: 22]

Budget Control Act: Potential Impact of Sequestration on Health Reform Spending  [Order No: R42051  Release Date: Feb 21,2013  Pages: 21]

Budget Control Act: Potential Impact of Sequestration on Health Reform Spending  [Order No: R42051  Release Date: Jan 17,2013  Pages: 21]

Budget Control Act: Potential Impact of Sequestration on Health Reform Spending  [Order No: R42051  Release Date: Oct 01,2012  Pages: 20]

Budget Control Act: Potential Impact of Automatic Spending Reduction Procedures on Health Reform Spending  [Order No: R42051  Release Date: Mar 23,2012  Pages: 16]

Budget Control Act: Potential Impact of Automatic Spending Reduction Procedures on Health Reform Spending  [Order No: R42051  Release Date: Feb 01,2012  Pages: 15]

Budget Control Act: Potential Impact of Automatic Spending Reduction Procedures on Health Reform Spending  [Order No: R42051  Release Date: Dec 16,2011  Pages: 15]

Budget Control Act: Potential Impact of Automatic Spending Reduction Procedures on Health Reform Spending  [Order No: R42051  Release Date: Nov 22,2011  Pages: 15]

Budget Control Act: Potential Impact of Automatic Spending Reduction Procedures on Health Reform Spending  [Order No: R42051  Release Date: Nov 15,2011  Pages: 15]

Budget Control Act: Potential Impact of Automatic Spending Reduction Procedures on Health Reform  [Order No: R42051  Release Date: Oct 17,2011  Pages: 12]