Building on its earlier analyses and those provided by the staff of the Joint Committee on Taxation, CBO published a dynamic estimate of the budgetary effects of H.R. 1, the One Big Beautiful Bill Act.
Sequestration
ReportCBO responds to questions concerning the sequestration (cancellation of budgetary resources) that would occur under the Statutory Pay-As-You-Go Act of 2010 if an enacted bill raised deficits by $2.3 trillion over 10 years.
ReportAs required by law, CBO reports on whether appropriations enacted for the current fiscal year have exceeded the statutory caps on discretionary funding. In CBO’s estimation, they have not, and a sequestration will not be required for 2025.
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Report
As required by law, CBO reports on whether appropriations enacted for the current fiscal year have exceeded the statutory caps on discretionary funding. In CBO’s estimation, they have not, and a sequestration will not be required for 2024.
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Report
As required by law, CBO reports on whether appropriations enacted for the current fiscal year have exceeded the statutory caps on discretionary funding. In CBO’s estimation, they have not, and a sequestration will not be required for 2024.
ReportCBO 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.
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Report
CBO provides information concerning implementation of the caps on most discretionary funding for fiscal year 2024 as established by the Fiscal Responsibility Act of 2023.
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Report
In a report required by law, CBO provides information on the limits that apply to discretionary budget authority in 2024. Because no statutory caps are in place for fiscal year 2023, there will be no sequestration for the current fiscal year.
Blog PostAs required by law, CBO reports on whether appropriations enacted for the current fiscal year have exceeded the statutory caps on discretionary funding. In CBO’s estimation, they have not, and a sequestration will not be required for 2021.
ReportAs required by law, CBO reports on whether appropriations enacted for the current fiscal year have exceeded the statutory caps on discretionary funding. In CBO’s estimation, they have not, and a sequestration will not be required for 2021.