From the introduction from the June Department of Defense Report on the Joint Committee Sequestration for Fiscal Year 2013: This report summarizes the financial impact on the Department of Defense discretionary budget authority in Fiscal Year (FY) 2013 as a result of the Joint Committee Sequestration directed in the Presidential Order of March 1, 2013. For consistency, the report is summarized in thousands of dollars at the program, project and activity (PPA) level of detail laid out in the Department’s December 2013 Continuing Resolution (CR) Spend Plan, as modified by congressional action. For Defense, the sequestration is generally applied to budgetary resources, including new budget authority and unexpended, unobligated balances carried forward from prior years. These budgetary resource values were estimated in developing the Office of Management And Budget (OMB) “Report to the Congress on the Joint Committee Sequestration For Fiscal Year 2013” based on the Continuing Appropriation Resolution, 2013 and estimates of the Department’s March 1, 2013 unobligated balances.
