1、Congressional Research Service ? The Library of CongressCRS Report for CongressReceived through the CRS WebOrder Code RS20005Updated March 5, 2001Timetable for Sequestration ActionsBill Heniff Jr.Consultant in American National GovernmentGovernment and Finance DivisionSequestrationthe automatic acro
2、ss-the-board cancellation of budgetary resourcesfor the purpose of enforcing budgetary goalswas first established by the 1985 BalancedBudget and Emergency Deficit Control Act (Title II of P.L. 99-177). Section 254 of thisact, as amended, provides a timetable for sequestration actions.Table 1. Timeta
3、ble for Sequestration ActionsDeadlineAction to be completed5 days before the Presidentsbudget submissionCBO sequestration preview report.Date of the Presidents budgetsubmissionOMB sequestration preview report.August 10Notification regarding military personnel.August 15CBO sequestration update report
4、.August 20OMB sequestration update report.10 days after end of sessionCBO final sequestration report.15 days after end of sessionOMB final sequestration report; presidential sequestrationorder.Most of the actions required in the sequestration process are related to reports issuedby the Office of Man
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