The Budget Control Act and Sequestration, along with several other budgetary issues facing Congress, creates the "perfect storm" as it relates to the reconciliation of the federal budget. The ultimate resolution of these issues will have a significant impact on both the federal government and on American cities, towns, state governments and the private sector. This OnDemand Webinar will explain, in detail, the Budget Control Act and Sequestration, how it works and how it impacts the federal budget. In addition, several other budgetary issues face Congress that could significantly change sequestration and its ultimate impact. These issues will be briefly discussed, along with possible Congressional action addressing them. These actions will be categorized in a series of potential scenarios, based upon possible outcomes of the November 2012 election, and their impact to the audience discussed. At the conclusion of this OnDemand Webinar, you will better understand the Budget Control Act and Sequestration, how it may likely be resolved and implemented, and how it will impact your respective businesses or entities.
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Why Lorman?
Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Agenda
General Analysis
Budget Control Act and Sequestration
- History of the Act
- Detailed Explanation of Sequestration
- How Sequestration Works
- Impact of Sequestration on the Federal Budget
- Defense
- NonDefense
- Quotes From Leadership
- Impact on State, Local and Private Sector Entities If Sequestration Occurs Unchanged
Interrelated Issues Impacting Sequestration
- Expiration of "Bush Tax Cuts"
- Fiscal Year Appropriations/Budget Process
- Increase in the Debt Ceiling
Analysis of Potential Congressional Action Impacting Sequestration
- Potential Resolution/Impact Scenarios Based Upon
- Democrats Taking Control of White House, Senate, House
- Status Quo (Duel Party Control)
- Republicans Taking Control of White House, Senate, House
Wrap-Up, and Questions and Answers
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Why Lorman?
Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Credits
OnDemand Course
This course was last revised on October 24, 2012.
Call 1-866-352-9540 for further credit information.
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
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Why Lorman?
Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Faculty
Robert S. Dobis, CPA, CDP
Crowe LLP
- Partner in Charge of Crowe Horwath LLP’s National Public Sector Risk Management Practice
- More than 30 years of IT consulting and security experience
- Regularly Leads IT Security Assessments and IT Visioning Engagements for Public Sector clients
- Member AICPA; Illinois CPA Society; City Club of Chicago
- B.S degree in management (accounting), Purdue University
- Can be contacted at [email protected]
Brad A. Queisser
mCapitol Management
Brad Queisser
- Senior vice president of mCapitol Management, concentrating in representing clients before Congress, the White House and federal agencies
- Firm represents multiple municipalities throughout the United States and multiple clients before federal, state and local government entities
- Served as deputy executive director of the Democratic National Committee (DNC) during the Clinton-Gore administration
- Served in multiple senior roles with the Gore Presidential campaign, the Gore Recount Committee, the Democratic National Convention Corporation (DNCC), and the Democratic Legislative Campaign Committee (DLCC)
- Served in multiple governors’ administrations
- Served in multiple state and local political campaigns and senior administration positions
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Why Lorman?
Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
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