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About: Budget Control Act of 2011     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:Transaction101106808, within Data Space : dbpedia.org associated with source document(s)

Type: yago:WikicatUnitedStatesFederalBudgetsyago:Abstraction100002137yago:Act100030358yago:Budget113421832yago:CivilLaw108453464yago:Collection107951464yago:Commerce101090446yago:CommercialEnterprise101094725yago:Event100029378yago:Finance101098698yago:Fund113358549yago:Group100031264yago:GroupAction101080366yago:Law108441203yago:Legislation106535222yago:Measure100033615yago:MediumOfExchange113372961yago:Money113384557yago:PsychologicalFeature100023100yago:WikicatGovernmentFinancesInTheUnitedStatesyago:YagoPermanentlyLocatedEntityyago:Standard107260623yago:SystemOfMeasurement113577171yago:Transaction101106808 New Facet based on Instances of this Class

The Budget Control Act of 2011 (Pub.L. 112–25 (text) (PDF), S. 365, 125 Stat. 240, enacted August 2, 2011) is a federal statute enacted by the 112th United States Congress and signed into law by US President Barack Obama on August 2, 2011. The Act brought conclusion to the 2011 US debt-ceiling crisis. The law involves the introduction of several complex mechanisms, such as creation of the Congressional Joint Select Committee on Deficit Reduction (sometimes called the "super committee"), options for a balanced budget amendment, and automatic budget sequestration.