Breaking Down the Budget Control Act

In a series of blog posts, BPC's Debt Reduction Task Force presented the details behind the Budget Control Act. The posts examined discretionary spending, economic growth, future debt as a percentage of GDP, and the prospect of automatic sequester cuts.

Update

A Review of the Numbers: Discretionary Spending Levels, the Budget Control Act, and the Sequester
June 3, 2013

The long-running debate over discretionary (annually appropriated) spending levels has become immensely confusing. There have been so many different plans and figures thrown around over the past several months that it has been easy to lose track—even for close watchers of the federal budget.

For that reason, we present spending levels set by the Budget Control Act (both the original caps and the post-sequester caps) and compare them to the bipartisan deal proposed on December 10 by Senate Budget Committee Chairman Patty Murray (D-WA) and House Budget Committee Chairman Paul Ryan; the Fiscal Year (FY) 2014 proposals in President Obama’s budget; the Senate-passed budget, authored by Chairman Murray; the House-passed budget, written by Chairman Ryan (R-WI); and the current continuing resolution (CR) levels.

Read the full post


Read the latest posts from the Economic Policy Project

Read BPC's Debt Limit Analysis

View BPC's Fiscal Timeline


Report

What is the Impact of the Defense Sequester on the Economy?
December 2013

The first punch to the economy from the defense sequester has landed and the second is in motion. If it’s not blocked, these reductions will contribute to 640,000 fewer jobs in the economy and gross domestic product (GDP) will be over 0.6 percent lower by the end of 2015.

Read the full report


The Bipartisan Budget Act Is a Good Start – But It’s Not Time to Rest
December 13, 2013

Sequester Threatens Future of American Science
December 13, 2013

Not a Tsunami - Yet
November 15, 2013

Sequester Impacts 101 - Budget Authority and Outlays
November 5, 2013

A Guide to the 2014 Sequester
June 3, 2013

The Sequester: What You Need to Know
February 22, 2013

Now It’s Time for Sequester Anxiety
January 29, 2013

Sequestration Preparations, Procedures, and Problems
August 3, 2012

Layoff Notices Could Wreak Political Havoc Ahead of Election Day
July 30, 2012

Scheduled Sequester Cuts to Domestic Programs Pose Serious Threat to Still-Struggling Economy
January 29, 2013

The Consequences of the Sequester
June 8, 2012

The 2013 Sequester May Not Be What You Think
June 7, 2012

Everything You Ever Wanted to Know About the Sequester
Updated May 18, 2012

Three Reasons Why $1.2 Trillion Isn’t Really $1.2 Trillion
January 23, 2012

Bipartisan Consensus on Discretionary Spending
August 4, 2011

How the Sequester Works if the Joint Select Committee Fails
August 5, 2011

We're Bleeding Profusely, But at Least We Got a Band-Aid
August 5, 2011

The Economic Effects of the Budget Control Act
August 16, 2011

The Budget Control Act Doesn't Come Close to Solving the Debt Problem
August 23, 2011