Congress finds the following:
(1)
On March 1, 2013, pursuant to the Budget Control Act of 2011, across-the-board spending cuts went into effect, triggering a massive cut in Federal discretionary spending across each Federal department and agency until $1.2 trillion in savings is achieved.
(2)
The impact of the cuts from sequestration will be significant and will affect many civilian employees who work for the Federal Government, some of whom handle classified materials to protect national security.
(3)
To absorb such budget cuts, Federal department and agencies will furlough many civilian employees for up to 22 days a year.
(4)
Some civilian employees will incur financial hardships and may not be able to meet their financial obligations due to loss of pay.
(5)
Sequestration and employee furloughs are a result of circumstances outside of the control of Federal employees and no fault of their own.