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Automatic Reductions in Government Spending -- aka Sequestra

Daily newsbrief journal for February 2013, also see http://www.usdemocrats.com/weblog for a global compendium library and follow twitter @usdemocrats


Automatic Reductions in Government Spending -- aka Sequestra

Postby admin » Thu Feb 28, 2013 2:20 pm

Automatic Reductions in Government Spending -- aka Sequestration
from CBO Recent CBO Publications
We have received many questions in recent days about the budgetary and economic implications of the automatic reductions in government spending that are scheduled to occur under current law (in technical terms, a sequestration). So, we thought it would be helpful to pull together our answers to some of those questions, incorporating information from our most recent economic and budget projections released earlier this month and from CBO’s recent Congressional testimony:

http://www.cbo.gov/publication/43961
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