Reduction (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms

Reduction

Stress Reduction
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Cancellation of the availability of budgetary resources previously provided by law before the authority would otherwise lapse. Reductions can be account specific and across-the-board. (See also Rescission; Sequestration.)

See also “Joint Select Committee on Deficit Reduction” Internet search, and January 22, 2012 cover letter from OMB to House Committee on Appropriations regarding reductions (15-page PDF PDF).

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