SEQUESTRATION WHAT?

 

Budget sequestration is a procedure in United States law that limits the size of the federal budget. Sequestration involves setting a hard cap on the amount of government spending with broadly-defined categories; if Congress enacts annual appropriations legislation that exceeds these caps, an across-the-board spending cut is automatically imposed on these categories, affecting all departments and programs by an equal percentage. (Defined by Wikipedia)

Want answers to the question, “Sequestration What?” check out the following link:

Sequestration: Answers to your questions about budget cuts.

By | 2014-09-17T06:14:43+00:00 February 26th, 2013|Categories: Politics|Tags: |Comments Off on SEQUESTRATION WHAT?

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