Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to exempt cost-of-living increases in Federal retirement and disability programs from reduction under the President's sequestration order for FY 1986. Provides for reducing the outlays of each agency to offset the increased costs.
Introduced in House
Introduced in House
Referred to House Committee on Government Operations.
Referred to Subcommittee on Legislation and National Security.
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