To amend the Balanced Budget and Emergency Deficit Control Act of 1985 to eliminate the sequestrations for fiscal year 2013.

Summary

Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to eliminate automatic sequestrations for FY2013. (The Gramm-Rudman-Hollings Act was amended by the Budget Control Act of 2011 to revise the discretionary spending limits and reduce the discretionary appropriations and direct spending specified in the Gramm-Rudman-Hollings Act unless a joint committee bill achieving an amount greater than $1.2 trillion in deficit reduction is enacted by January 15, 2012.) Prohibits the President from issuing a sequestration order to carry out any sequestration that the Director of the Office of Management and Budget (OMB) estimates is required for FY2013.

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Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 30 December 2012

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• Introduced in House (PDF)

  Introduced in House · EN · 30 December 2012

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 30 December 2012

  Open at official source

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