TREATMENT OF SEQUESTER.

SEC. 901. TREATMENT OF SEQUESTER. (a) [2 U.S.C. 901a] Adjustment.—Section 251A(3) of the Balanced Budget and Emergency Deficit Control Act of 1985 is amended— (1) in subparagraph (C), by striking “and” after the semicolon; (2) in subparagraph (D), by striking the period and inserting“ ; and”; and (3) by inserting at the end the following: “(E) for fiscal year 2013, reducing the amount calculated under subparagraphs (A) through (D) by $24,000,000,000.” . (b) After Session Sequester.—Notwithstanding any other provision of law, the fiscal year 2013 spending reductions required by section 251(a)(1) of the Balanced Budget and Emergency Deficit Control Act of 1985 shall be evaluated and implemented on March 27, 2013. (c) Postponement of Budget Control Act Sequester for Fiscal Year 2013.—Section 251A of the Balanced Budget and Emergency Deficit Control Act of 1985 is amended— (1) in paragraph (4), by striking “January 2, 2013” and inserting “March 1, 2013”; and (2) in paragraph (7)(A), by striking “January 2, 2013” and inserting “March 1, 2013”. (d) Additional Adjustments.— (1) [2 U.S.C. 901] Section 251.—Paragraphs (2) and (3) of section 251(c) of the Balanced Budget and Emergency Deficit Control Act of 1985 are amended to read as follows: “(2) for fiscal year 2013— “(A) for the security category, as defined in section 250(c)(4)(B), $684,000,000,000 in budget authority; and “(B) for the nonsecurity category, as defined in section 250(c)(4)(A), $359,000,000,000 in budget authority; “(3) for fiscal year 2014— “(A) for the security category, $552,000,000,000 in budget authority; and “(B) for the nonsecurity category, $506,000,000,000 in budget authority;” . (e) [2 U.S.C. 901a note] 2013 Sequester.—On March 1, 2013, the President shall order a sequestration for fiscal year 2013 pursuant to section 251A of the Balanced Budget and Emergency Deficit Control Act of 1985, as amended by this section, pursuant to which, only for the purposes of the calculation in sections 251A(5)(A), 251A(6)(A), and 251A(7)(A), section 251(c)(2) shall be applied as if it read as follows: “(2) For fiscal year 2013— “(A) for the security category, $544,000,000,000 in budget authority; and “(B) for the nonsecurity category, $499,000,000,000 in budget authority;” .