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.

President George HW Bush
7 / 21
Donna Carson/Reuters

This act was designed by President George H.W. Bush and moderate members of Congress from both major parties. It didn’t initially pass, partially because conservative Republicans rejected tax hikes included in the bill and liberal Democrats didn’t like other measures.  Bush wouldn’t sign an extension of the existing budget, which put pressure on Congress to act quickly. The act ultimately passed and was signed into law.


The views expressed are not those of this company or its affiliated companies. Please note by clicking on "Post" you acknowledge that you have read the Terms Of Service and the comment you are posting is in compliance with such terms. 
blog comments powered by Disqus

Most Popular