Sequestration Reports

Under the Balanced Budget and Emergency Deficit Control Act of 1985, as amended by the Budget Control Act of 2011, CBO is required to provide estimates of the caps on discretionary budget authority for each year through 2021 and whether a cancellation of budgetary resources (or sequestration) might be necessary if those caps are breached. The Administration's Office of Management and Budget has sole authority to determine whether a sequestration is required and, if so, the proportional allocations of any necessary cuts.

  • Report August 14, 2014

    CBO issues one of its regular reports that provides estimates of the caps on discretionary budget authority for each fiscal year through 2021. By CBO’s estimate, appropriations for fiscal year 2014 have not exceeded those caps.