Definition: Sequestration is a political doctrine that states that the government will not increase its spending unless it has to. It was first proposed by former President George W. Bush in 2001 and later implemented by the Obama administration in 2013. The principle of sequestration involves reducing or eliminating discretionary spending, which refers to funds provided for specific programs, services, and activities. In the case of the government, this means that no new money is being allocated for these purposes
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