On the recordJuly 30, 2011
The deal includes an automatic sequester on certain spending programs to ensure that at least $1.2 trillion in deficit reduction is achieved by 2013.
Source
presidency.ucsb.edu“The deal includes an automatic sequester on certain spending programs to ensure that at least $1.2 trillion in deficit reduction is achieved by 2013.”
Fact Sheet: Bipartisan Debt Deal: A Win for the Economy and Budget Discipline
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