What Does Sequester Mean? The Internet Wants to Know
March 5, 2013 Leave a comment
On March 1st, the United Stated began sequestration – an automatic 1.2 trillion in cuts over the next 10 years. According to eXelate data, online dictionary searches for the word “sequester” skyrocketed, peaking on March 1 at over fifty times the normal traffic. Unfortunately, the dictionary definition probably left many people confused as well. Under political sequestration, money appropriated by congress that exceeds a cap set in the 2011 Budget Resolution is “sequestered” by the Treasury Department. Perhaps it’s time to add a new definition to the dictionary!