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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.

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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