1、 https:/crsreports.congress.gov October 15, 2019FY2020 Mandatory Sequester Reduces Medicare $15.3 Billion, Other Mandatory Spending $4.55 BillionOn October 1, 2019, the first day of FY2020, the FY2020 mandatory sequester order became effective. “Sequestration” is a budgetary mechanism that requires
2、automatic cancellation of budgetary authoritythe legal authority Congress grants agencies to enter into financial obligations. The FY2020 mandatory sequester order reduced Medicare payments by $15.31 billion and other (nonexempt) mandatory spending by $4.55 billion. The reductions are required by th
3、e Budget Control Act of 2011 (BCA; P.L. 112-25). The BCA, as amended, requires similar reductions on the first day of each fiscal year through FY2029. (For an in-depth analysis of the mandatory sequester, see CRS Report R45941, The Annual Sequester of Mandatory Spending through FY2029, by Charles S.
4、 Konigsberg.) Mandatory Spending and Sequestration There are two types of budgetary authority (BA): discretionary spending provided in annual appropriations bills, which makes up about 30% of federal spending; and (2) mandatory or direct spendingthe other 70%where the BA flows directly from multiyea
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