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Sequestration Order for Fiscal Year 2015 Pursuant To Section 251A of the Balanced Budget and Emergency Deficit Control Act, as Amended

Economy & LaborEconomy & LaborFederal WorkforceFederal WorkforceDefense & SecurityDefense & Security

In simple terms

This order triggers automatic spending cuts (sequestration) for fiscal year 2015, requiring direct spending reductions in non-exempt budget accounts effective October 1, 2014, based on calculations from an OMB report to Congress. The cuts are mandated by the Balanced Budget and Emergency Deficit Control Act and implemented according to OMB specifications.

Federal Register Open PDF 79 FR 14365

Record & deadlines

  1. Signed

    Signed by the President

  2. FR published

    Published in the Federal Register · 79 FR 14365

    Federal Register PDF

  3. Sequestration takes effect; direct spending reductions begin

Key directives

  • Direct spending budgetary resources in each non-exempt budget account reduced by OMB-calculated amounts effective October 1, 2014
  • All sequestrations made in strict accordance with section 251A of the Act and OMB report specifications

Who is ordered

What to expect

Immediate

  • OMB report transmitted to Congress March 10, 2014

Near term (90d)

—

Long term

  • Sequestration takes effect October 1, 2014
  • Direct spending reductions applied across FY2015

Risks & tensions

  • Automatically triggered cuts may disrupt agency operations and program delivery
  • Uncertainty about specific programs affected depends on OMB report details not fully specified in order text
  • Continuation of sequestration mechanism reflects ongoing fiscal gridlock
Other: Sequestration Order for Fiscal Year 2015 Pursuant To Section 251A of the Balanced Budget and Emergency Deficit Control Act, as Amended · Executive Orders