Cliff Notes: The Long, Slow Trudge Toward Sequestration
December 17, 2012, 12:33 PM EST
Law360, New York (December 17, 2012, 12:33 PM EST) -- From a budgetary perspective, 2012 has been, in a word, unique. As discussed below, no legislation of any true budgetary import has been enacted into law in over a year, yet more news stories and scholarship on federal budgetary matters seem to have been produced in the past year than at any time in recent memory.
This attention is due in large part to one word: sequestration. A concept once understood by only the wonkiest of policy and appropriations wonks, sequestration — or more appropriately, the...