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FDA user fees to be sequestered

September 15, 2012 12:23 AM UTC

Budget sequestration would reduce FDA's FY13 budget by $319 million, including about $112 million in user fees, according to a report released Friday by the White House Office of Management and Budget. Industry would be obligated to pay user fees in full, but FDA would be unable to spend the sequestered portion of the fees. Sequestration is slated to go into effect on Jan. 2, 2013.

The Budget Control Act (BCA) of 2011 requires across-the-board cuts, or sequestration, of federal budgets as a result of the failure of the Joint Select Committee on Deficit Reduction to propose, and Congress to enact, a plan to reduce the deficit by $1.2 trillion. ...