Reading Room Document
Sequestration Exemption for the Resolution Funding Corporation
"Backup" payments made by the Department of the Treasury to cover interest obligations of the Resolution Funding Corporation are not subject to sequestration under the Balanced Budget and Emergency Deficit Control Act of 1985. The OLC does not provide release dates for its opinions, so the release date listed is the date on which the opinion was authored. The original opinion is available at www.justice.gov/file/24336/download.
The OLC's Opinions
Opinions published by the OLC, including those released in response to our FOIA lawsuit