On the recordJanuary 7, 2014
Yes, the bipartisan budget agreement reached between the House and Senate replaces some of the sequester cuts that otherwise would occur in 2014 and 2015. By avoiding sequestration and reaching agreement on bipartisan funding levels for 2014 and 2015, this agreement will provide relief to our families, servicemembers, and the economy. Sequestration, however, continues to remain in place, unmodified, for fiscal years 2016 through 2021. Assuming legislation met the necessary requirements specified in section 114(c), this reserve fund would be available to further address the harmful effects of sequestration.
