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Sequestration

Sequestration is defined as a procedure by which automatic spending cuts are triggered.  Sequestration is set to be applied to federal discretionary funds, which include education, starting in January 2013. This has occurred due to the failure of the Congressional Joint Select Committee on Deficit Reduction to develop a plan for budgetary savings. They were tasked with reducing the debt ceiling by at least $1.2 trillion over the next ten years. Since the Joint Committee was unable to come to a consensus on which programs to cut, sequestration will be executed. While there is little guidance and few answers coming from Washington DC on when, where, and how this will affect education funding, it has been said that reductions could be as high as 9.1% per year over the next ten years.

Although there are many factors that could still impact the implementation of sequestration (moratoriums, new reduction agreements, later implementation dates, etc), the Department wanted to share the following resources for staying current on this topic.  More information and guidance will be posted as it becomes available.

Related Articles:

Related Links: (search sequestration on each site for detailed information)