Press Release
☷Sequestration Order for Fiscal Year 2025 Pursuant to Section 251A of the Balanced Budget and Emergency Deficit Control Act as Amended
White House ( By Press Release office)
Mar 13,2024
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As President , I ' m using the authority granted to me by the laws of the United States to reduce direct spending budget resources for fiscal year 2025 in certain budget accounts on October 1 , 2024 . This reduction will be based on a report from the Office of Management and Budget . The sequestrations will follow the guidelines outlined in the Balanced Budget and Emergency Deficit Control Act . - Joseph R . Biden Jr .
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