Performance Budgeting and Management White Papers
Extending the Budget Enforcement Act
Overview The BEA built on an existing framework of budget enforcement procedures. The Balanced Budget and Emergency Deficit Control Act of 1985 established a schedule of fixed, declining deficit targets for each of six fiscal years beginning in 1986, leading to a target of zero in 1991. The Deficit Control Act also created a procedure - known as sequestration - in which spending for many federal programs would be automatically cut if the deficit for a fiscal year was estimated to exceed the target level.
| Publisher | Congressional Budget Office | File Format | |
|---|---|---|---|
| Date Published | June 2001 | ||
| Format | White Papers | ||
| Topics | |||
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