Sequestration

In August 2011, EPI published a report, Debt ceiling deal threatens deep job losses and lower long-run economic growth (Issue Brief #331), showing that the premature austerity, deep cuts to public investment, and other features of the Budget Control Act (BCA) threatened to depress economic growth and employment in the near term and hinder U.S. competitiveness in the long run. As sequestration spending cuts created by the BCA look increasingly likely to take effect March 1, 2013, our analysis from 2011 remains fundamentally unchanged: No economic good could possibly come of the BCA’s discretionary spending caps and sequestration cuts. Following are summaries of and links to numerous EPI analyses of the economic folly of the Budget Control Act, the “fiscal cliff,” and looming sequestration cuts.

Recent work on Sequestration

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