Budget Control and Sequestration Considerations and Potential Impacts |
|
Editor:
| Radmacher, Eric M. Sabins, Alaina |
ISBN: | 978-1-62257-913-6 |
Publication Date: | Dec 2012 |
Publisher: | Nova Science Publishers, Incorporated
|
Book Format: | Hardback |
List Price: | AUD $200.95 |
Book Description:
|
Sequestration is a process of automatic, largely across-the-board spending reductions to meet or enforce certain budget policy goals. In the 1990s, sequestration was used to enforce statutory limits on discretionary spending and a pay-as-you-go (PAYGO) requirement on direct spending and revenue legislation. In general, sequestration entails the permanent cancellation of budgetary resources by a uniform percentage. This book examines the new considerations and potential impacts of...
More DescriptionSequestration is a process of automatic, largely across-the-board spending reductions to meet or enforce certain budget policy goals. In the 1990s, sequestration was used to enforce statutory limits on discretionary spending and a pay-as-you-go (PAYGO) requirement on direct spending and revenue legislation. In general, sequestration entails the permanent cancellation of budgetary resources by a uniform percentage. This book examines the new considerations and potential impacts of budget control and sequestration with a focus on select program exemptions and special rules; the Budget Control Act of 2011; and the potential impact of automatic spending reduction procedures on health reform spending.