Sequestration of Public Company Accounting Oversight Board Funds

Syllabus

The operating funds of the Public Company Accounting Oversight Board are subject to sequestration under section 251A of the Balanced Budget and Emergency Deficit Control Act of 1985, as amended, because the Board's funds have consistently been included in the President's budget, were not exempted from sequestration by Congress, and qualify as \budgetary resources\ under the Act.