H.R.773 - To amend the Balanced Budget and Emergency Deficit Control Act of 1985 to exempt the Department of Defense from reduction under any order issued to carry out a sequestration pursuant to section 251A.

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  • Official: To amend the Balanced Budget and Emergency Deficit Control Act of 1985 to exempt the Department of Defense from reduction under any order issued to carry out a sequestration pursuant to section 251A. as introduced.

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Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
02/15/13
 
 
 
 
 
 
 

Official Summary

Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) and the American Taxpayer Relief Act of 2012 to: (1) lower the $1.2 trillion total deficit reduction goal for each of FY2013-FY2021 to $600 billion, (2) lower the FY2013 deficit reduction goal f

Official Summary

Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) and the American Taxpayer Relief Act of 2012 to:
(1) lower the $1.2 trillion total deficit reduction goal for each of FY2013-FY2021 to $600 billion,
(2) lower the FY2013 deficit reduction goal from $24 billion to $12 billion, and
(3) eliminate the Department of Defense (DOD) function reduction entirely.

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