Flight delays resulting from the furloughs of air traffic controllers are certainly not the only impact of sequestration. All federal contractors and grant recipients will have to adapt to reduced federal spending.
A River Runs Through It: Congress Finds a Potential Way to Fund Water Infrastructure Projects Despite Sequestration
The Senate Environment and Public Works Committee (“EPW”) marked up legislation Wednesday that provides millions for dredging, hurricane risk reduction and environmental restoration projects.
As required by law, on March 1, 2013, President Obama issued a sequestration order triggering automatic cuts to a wide range of federal programs, including Medicare payments to providers and health plans.
The March 1st sequester deadline has passed with no alternative in place. That means $85 billion in sequestration cuts are underway, as mandated by Congress in the Budget Control Act of 2011 (Public Law 112-240).
Across-the-board funding cuts, or sequestration, took effect Friday, March 1 for all government agencies, including those playing a vital role in immigration processing.
On Friday the latest doomsday threat out of Washington became a reality as automatic federal budget cuts, known as sequestration, went into effect. What effect that will have, we can’t be sure.
Although the CFPB receives its funding from the Federal Reserve and not through the congressional appropriations process, it is still on the list of agencies whose funding will be cut by the sequester.
Will the ridiculous gridlock in Washington that has a sledgehammer instead of scalpel being used to address the cancer of a bloated budget affect your world immediately?
No doubt you have heard, read or seen reports about the sequestration process. As part of the Budget Control Act of 2011, Congress passed and President Obama signed into law an automatic, indiscriminate process of across-the-board budget cuts called sequestration.