The Bipartisan Budget Agreement: A Tale of Two Sequestration ScenariosBipartisan Budget Agreement • February 15th, 2024
Contract Type FiledFebruary 15th, 2024The Fiscal Responsibility Act of 2023 (FRA) was a bipartisan budget agreement intended to be a compromise to avert an unprecedented default on the United States’ obligations. The terms and conditions of that agreement called for moderate increases to defense funding and essentially a freeze on nondefense funds, as explained in this Committee fact sheet.
The Bipartisan Budget Agreement: A Tale of Two Sequestration ScenariosBipartisan Budget Agreement • December 21st, 2023
Contract Type FiledDecember 21st, 2023The Fiscal Responsibility Act of 2023 (FRA) was a bipartisan budget agreement intended to be a compromise to avert an unprecedented default on the United States’ obligations. The terms and conditions of that agreement called for moderate increases to defense funding and essentially a freeze on nondefense funds, as explained in this Committee fact sheet.