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The Budget Control Act

The Budget Control Act of 2011 was a law designed to manage the U.S. federal budget by limiting government spending and reducing the national debt. It established specific caps on how much the government could spend annually and created a process called sequestration, which automatically cuts spending if Congress does not agree on budget adjustments. The act aimed to curb deficits, encourage fiscal discipline, and set the framework for ongoing budget negotiations, balancing priorities like defense, health, and social programs while trying to prevent excessive borrowing and ensure long-term fiscal sustainability.