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Essay

Bowsher v. Senar, 1986

Essay specific features

 

Issue:

American History

 

Written by:

Grace S

 

Date added:

September 5, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

1 / 266

 

Was viewed:

4076 times

 

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Essay content:

If in any fiscal year the budget deficit exceeds the prescribed maximum by more than a specified sum, the Act requires basically across-the-board cuts in federal spending to reach the targeted deficit level. These reductions are accomplished under the "reporting provisions" spelled out in of the Act, which requires the Directors of the Office of Management and Budget (OMB) and the Congressional Budget Office (CBO) to submit their deficit estimates and program-by-program budget reduction calculations to the Comptroller General, who, after reviewing the Directors' joint report, then reports his conclusions to the President...
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The President in turn must issue a "sequestration" order mandating the spending reductions specified by the Comptroller General, and the sequestration order becomes effective unless, within a specified time, Congress legislates reductions to obviate the need for the sequestration order. The Act also contains in a "fallback" deficit reduction process (eliminating the Comptroller General's participation) to take effect reporting provisions are invalidated...
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General issues of this essay:
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