Sequestration

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Sequestration refers to automatic spending cuts that occur through the withdrawal of funding for certain (but not all) government programs. CBO provides estimates of the statutory caps on discretionary funding and an assessment of whether sequestration might be necessary under current budgetary rules, but the Administration’s Office of Management and Budget makes the ultimate determination of whether a sequestration is necessary and, if so, how big it should be.

  • Report

    Sequestration Update Report: August 2016

    August 12, 2016

    In a report required by law, CBO provides estimates of the caps on discretionary funding for each fiscal year through 2021. CBO concludes that the discretionary appropriations provided to date for 2016 do not exceed the caps for this year.

  • Report

    Final Sequestration Report for Fiscal Year 2016

    December 28, 2015

    CBO is required to report its assessment of whether enacted appropriations for the current fiscal year exceed caps on discretionary spending. In CBO’s estimation, they do not, and hence a sequestration will not be required for 2016.

  • Report

    Sequestration Update Report: August 2015

    August 14, 2015

    In a report required by law, CBO provides estimates of the caps on discretionary funding for each fiscal year through 2021. CBO concludes that the discretionary appropriations provided to date for 2015 do not exceed the caps for this year.

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    Report

    Final Sequestration Report for Fiscal Year 2015

    January 12, 2015

    CBO must issue a report that provides estimates of the caps on discretionary budget authority in effect for each fiscal year through 2021. CBO estimates that the appropriations enacted for this year have not exceeded the 2015 caps.

  • Capitol-home-4.png

    Report

    Sequestration Update Report: August 2014

    August 14, 2014

    CBO issues one of its regular reports that provides estimates of the caps on discretionary budget authority for each fiscal year through 2021. By CBO’s estimate, appropriations for fiscal year 2014 have not exceeded those caps.