Sequestration: A history
Published On: Feb 26 2013 10:31:38 AM PST
Updated On: Apr 04 2013 05:36:57 AM PDT
Take a look at the history of sequestration from its first use in the 1980s to today’s cuts.
Joshua Roberts / Reuters
The House of Representatives put PAYGO back into place in 2006, shortly after Democrats won back control of both houses of Congress, and the Senate passed a similar measure in 2008, but with one key difference: The old PAYGO system was a law that required increased spending be offset by budget cuts or more revenue. The new PAYGO system is a procedural rule that doesn’t legally require those offsets.
