Enforcing deficit targets
FederalStatutes
Ask Donna
How this section applies to your facts.
Title 2—THE CONGRESS > CHAPTER 20—EMERGENCY POWERS TO ELIMINATE BUDGET DEFICITS > SUBCHAPTER I—ELIMINATION OF DEFICITS IN EXCESS OF MAXIMUM DEFICIT AMOUNT
Text
Within 15 calendar days after Congress adjourns to end a session (other than of the One Hundred First Congress) and on the same day as a sequestration (if any) under section 901 of this title and section 902 of this title , but after any sequestration required by section 901 of this title (enforcing discretionary spending limits) or section 902 of this title (enforcing pay-as-you-go), there shall be a sequestration to eliminate the excess deficit (if any remains) if it exceeds the margin.
( Pub. L. 99–177, title II, § 253 , Dec. 12, 1985 , 99 Stat. 1078 ; Pub. L. 100–119, title I, § 103 , Sept. 29, 1987 , 101 Stat. 775 ; Pub. L. 101–508, title XIII, § 13101(a) , Nov. 5, 1990 , 104 Stat. 1388–583 .)
This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.