Sequestration Stupidity

A Mediterranean diet, the New England Journal of Medicine reported Monday, can lengthen one’s lifespan. So inhabitants of southern Europe can look forward to long lives — of anxiety and privation. Already mired in a depression comparable to that of the 1930s, Spain, Greece and Portugal are going to see things grow worse this year, according to an annual economic forecast released by the European Commission on Friday.

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  • Sequestration Update Report: August 2024
    In CBO’s estimation, a sequestration will not be required for 2024. However, the authority to make that determination—and, if so, how to cut budgetary resources—rests with the Office of Management and Budget (OMB), which reported in April that appropriations for 2024 had not exceeded the caps. 3
    12/20/2024 - 1:50 pm | View Website
  • Sequestration Update Report: August 2023
    CBO also must estimate whether any appropriations enacted for the current fiscal year have exceeded the caps and thus would trigger a cancellation of budgetary resources, known as a sequestration. The authority to determine whether the caps have been breached rests solely with the Office of Management and Budget.
    12/20/2024 - 7:09 am | View Website
  • Sequestration Update Report: August 2024
    In CBO’s estimation, a sequestration will not be required for 2024. However, the authority to make that determination—and, if so, how to cut budgetary resources—rests with the Office of Management and Budget (OMB), which reported in April that appropriations for 2024 had not exceeded the caps.
    12/20/2024 - 5:36 am | View Website
  • Sequestration
    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.
    12/19/2024 - 4:11 am | View Website
  • Major Recurring Reports | Congressional Budget Office
    Sequestration. CBO is required to publish estimates of the caps on funding for discretionary programs for each fiscal year through 2025 and to report whether, according to those estimates, a sequestration (a cancellation of budgetary resources) would be required.
    12/17/2024 - 12:03 am | View Website
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