An Update About Implementing the Statutory Limits on Discretionary Funding for Fiscal Year 2024
Report
CBO provides an update to an earlier estimate of the effects of a potential sequestration under the caps established by the Fiscal Responsibility Act of 2023.
The Congressional Budget Office is providing an update to its earlier estimate of the effects of a potential sequestration under the caps established by the Fiscal Responsibility Act of 2023 (FRA). (Sequestration is the process by which across-the-board reductions are applied to budgetary resources.)