Bipartisan Budget Act of 2013
The Bipartisan Budget Act of 2013 revised the limits on discretionary appropriations for fiscal years 2014 and 2015, allowing for higher levels of funding in those years allowed under the discretionary spending limits and budget enforcement procedures then in force. According to estimates by the Congressional Budget Office, the spending allowed by the law on enactment was about $62 billion higher over the 2014-2023 period than if appropriations for those years had complied with the limits then in place. Of that, close to $48 billion of the increase would have occurred in 2014 and 2015.
The Act amended direct spending programs and caused a change in revenues as well. BBA 2013 extended the automatic reductions in direct spending programs for an additional two years (2022 and 2023) beyond the period that sequestration then applied to. This Act was continued in this form by the Bipartisan Budget Act of 2015 and the Bipartisan Budget Act of 2018, with the law staying largely the same, and the numbers changing to extend it out to reflect the agreements in those years. The automatic direct spending sequestrations are now set to extend through to fiscal year 2027.
Table of Contents (GPO Links)
Committee Print – Report on the Bipartisan Budget Act of 2013
Changes in Existing Law: House Budget Committee Print on BBA 2013
Changes in Existing Law: Changes Made to Sec. 314 (CBA) BCR Version