Sequestration: A history

POSTED: 10:31 AM PST Feb 26, 2013    UPDATED: 05:36 AM PDT Apr 04, 2013 

Take a look at the history of sequestration from its first use in the 1980s to today’s cuts.

Closeup of dollar bill, money, George Washington
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Trish Parisy/SXC

PAYGO was in place for most of the 1990s, and many give it partial credit for a budget surplus in 1998. However, the act that instituted PAYGO expired in 2002.

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