Archive

Archive for the ‘Office of Management and Budget’ Category

OMB Report Pursuant to the Sequestration Transparency Act of 2012 (September 14, 2012)

September 16, 2012 Comments off

OMB Report Pursuant to the Sequestration Transparency Act of 2012 (PDF)
Source: Office of Management and Budget (White House)

The Sequestration Transparency Act of 2012 (STA) (P.L. 112-155) requires the President to submit to Congress a report on the potential sequestration triggered by the failure of the Joint Select Committee on Deicit Reduction to propose, and Congress to enact, a plan to re­ duce the deicit by $1.2 trillion, as required by the Budget Control Act of 2011 (BCA). In re­ sponse, the Ofice of Management and Budget (OMB) is issuing this report based on assump­ tions required by the STA. The report provides Congress with a breakdown of exempt and non-exempt budget accounts, an estimate of the funding reductions that would be required across non-exempt accounts, an explanation of the calculations in the report, and additional information on the potential implementation of the sequestration.

In August 2011, bipartisan majorities in both the House and Senate voted for the threat of sequestration as a mechanism to force Congress to act on further deicit reduction. The specter of harmful across-the-board cuts to defense and nondefense programs was intended to drive both sides to compromise. The sequestration itself was never intended to be imple­ mented. The Administration strongly believes that sequestration is bad policy, and that Con­ gress can and should take action to avoid it by passing a comprehensive and balanced deicit reduction package.

As the Administration has made clear, no amount of planning can mitigate the effect of these cuts. Sequestration is a blunt and indiscriminate instrument. It is not the respon­ sible way for our Nation to achieve deicit reduction. The President has already presented two proposals for balanced and comprehensive deicit reduction. It is time for Congress to act. Members of Congress should work together to produce a balanced plan that achieves at least the level of deicit reduction agreed to in the BCA that the President can sign to avoid sequestration. The Administration stands ready to work with Congress to get the job done.

The estimates and classiications in the report are preliminary. If the sequestration were to occur, the actual results would differ based on changes in law and ongoing legal, budgetary, and technical analysis. However, the report leaves no question that the sequestration would be deeply destructive to national security, domestic investments, and core government func­ tions. Under the assumptions required by the STA, the sequestration would result in a 9.4 percent reduction in non-exempt defense discretionary funding and an 8.2 percent reduction in non-exempt nondefense discretionary funding. The sequestration would also impose cuts of 2.0 percent to Medicare, 7.6 percent to other non-exempt nondefense mandatory programs, and 10.0 percent to non-exempt defense mandatory programs.

Categories: business and economics, documents in the news, government and politics, Office of Management and Budget, political process

OMB Memorandum: Planning for Agency Operations During a Lapse in Government Funding

April 8, 2011 Comments off

Planning for Agency Operations During a Lapse in Government Funding (PDF)
Source: Office of Management and Budget

If we inform you tomorrow that a new CR is not likely to be enacted, then you should prepare to implement your shutdown plan beginning on Saturday, April 9. In that case, agencies must instruct non-excepted employees (including those who do not have a weekend work schedule) that they are prohibited, pursuant to the legal requirements of the Antideficiency Act, from performing any work over the weekend pending further notice. This means that the non-excepted employees will be prohibited, after midnight on Friday night, from working remotely, such as from home –including by accessing agency information technology (e.g., Blackberries, cell phones, computers, laptops), except to the extent that the agency’s contingency plan provides for the agency to use such technology to provide non-excepted employees with updates regarding their furlough and return-to-work status. Also, as noted below, there may be circumstances in which certain employees are accessing agency information technology remotely for a brief period to carry out de minimis shutdown related activities.

Categories: business and economics, government and politics, labor, Office of Management and Budget

Just Released — Budget of the U.S. Government Fiscal Year 2012

February 14, 2011 Comments off

Budget of the U.S. Government Fiscal Year 2012
Source: Office of Management and Budget (via USGPO)

Contains the Budget Message of the President, information on the President’s priorities, budget overviews organized by agency, and summary tables.

Categories: business and economics, government and politics, Office of Management and Budget, White House
Follow

Get every new post delivered to your Inbox.

Join 495 other followers