Political Quotes

Barack Obama: By the authority vested in me as President by the laws of the United States of America, and in accordance with section…

On the recordMarch 9, 2014
By the authority vested in me as President by the laws of the United States of America, and in accordance with section 251A of the Balanced Budget and Emergency Deficit Control Act (the 'Act'), I hereby order that, on October 1, 2014, direct spending budgetary resources for fiscal year 2015 in each non-exempt budget account be reduced by the amount calculated by the Office of Management and Budget.
Said by
Barack Obama
Democratic · Illinois

Editor's note · Context

Sequestration Order for Fiscal Year 2015 Pursuant to Section 251A of the Balanced Budget and Emergency Deficit Control Act

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