Reading the Congressional Research Service report on sequestration it seems to me that Gramm-Rudman-Hollings is starting to stir. (GRH for the whippersnappers in the audience was the attempt in 1985 to fix federal budget deficits, by applying a flat percentage reduction to federal expenditures if certain conditions weren't met. In 1986 we reduced deficiency payments by a factor (I think 4.6 percent) under GRH. The result, when combined with the System 36 automation and the new farm bill, was total disaster administratively. That was partially my fault because of the way we ended up applying payment limitation, and partially fiscals because we didn't have the coding and entries for refunds in place.)
I wish FSA well if they have to apply sequestration in the new year.
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