Section 1 Department of Defense exemption from section 251A sequestration
Calculation of total deficit reduction— Paragraph (3) of section 251A of the Balanced Budget and Emergency Deficit Control Act of 1985 is amended—
in subparagraph (A), by striking “$1,200,000,000,000” and inserting “$600,000,000,000”; and
in subparagraph (E), by striking “$24,000,000,000” and inserting “$12,000,000,000”.
Allocation to functions— Paragraph (4) of section 251A of the Balanced Budget and Emergency Deficit Control Act of 1985 is amended to read as follows:
“(4) Allocation to functions—On January 2, 2013, for fiscal year 2013, and in its sequestration preview report for fiscal years 2014 through 2021 pursuant to section 254(c), OMB shall allocate the total reduction calculated pursuant to paragraph (3) for that year to discretionary appropriations and direct spending accounts in all non-defense functions.”
Defense function reduction— Paragraph (5) of section 251A of the Balanced Budget and Emergency Deficit Control Act of 1985 is repealed.
Implementing discretionary reductions—
Paragraph (7)(A) of section 251A of the Balanced Budget and Emergency Deficit Control Act of 1985 is amended by striking “achieve—” and inserting “achieve”, by striking clause (i), and by striking “(ii)” and moving such text 2 ems to the left.
Paragraph (7)(B) of section 251A of such Act is amended by striking “achieve—” and inserting “achieve”, by striking clause (i), and by striking “(ii)” and moving such text 2 ems to the left.
Implementing direct spending reductions— The first sentence of paragraph (8) of section 251A of the Balanced Budget and Emergency Deficit Control Act of 1985 is amended by striking “paragraphs (5) and (6)” and inserting “paragraph (6)”.