Definition

Automatic budget cuts that kick in when Congress can't agree on a spending plan, which is like your bank cutting your credit card in half because you and your spouse couldn't agree on a household budget. It's punishment for governmental incompetence, applied to everyone except the incompetent.

Example Usage

"The sequester cut funding to everything equally, which is the government's way of saying if we can't do our job well, we'll make sure nobody can."

Related Terms

Translate This Term

See “Sequester” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.

Try the Translator