Download or read book OMB Report to the Congress on the Joint Committee Sequestration for Fiscal Year 2013 written by Executive Office of the President of the and published by CreateSpace. This book was released on 2015-06-22 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Balanced Budget and Emergency Deficit Control Act, as amended (BBEDCA), 2 U.S.C. § 901a, requires the Office of Management and Budget (OMB) to calculate, and the President to order on March 1, 2013, reductions in budgetary resources triggered by the failure of the Joint Select Committee on Deficit Reduction to propose, and the Congress to enact, legislation to reduce the deficit by $1.2 trillion (Joint Committee sequestration). This report provides OMB's calculations of the percentage and dollar amount of the reduction for each non-exempt budget account and an explanation of the calculations.

Download or read book OMB Report to the Congress on the Joint Committee Sequestration for Fiscal Year 2013 written by United States. Office of Management and Budget and published by . This book was released on 2013 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book OMB Sequestration Preview Report to the President and Congress for Fiscal Year 2014 and OMB Report to the Congress on the Joint Committee Reductions for Fiscal Year 2014 written by Executive Office of the President of the and published by CreateSpace. This book was released on 2015-06-22 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Budget Control Act of 2011 (BCA), P.L. 112-25, amended the Balanced Budget and Emergency Deficit Control Act of 1985 (BBEDCA) by reinstating limits ("caps") on discretionary budget author-ity, which expired after 2002. The 2013 and 2014 limits were revised further by the American Taxpayer Relief Act of 2012 (ATRA), P.L. 112-240. Section 254 of BBEDCA requires OMB to issue a sequestration preview report with the President's budget submission. This preview report, the first of the three required sequestration reports for 2014, provides the status of the discretionary caps for the current year and each year thereafter through 2021 as of the end of the second session of the 112th Congress based on current law, including further adjustments made to the current year (2013) caps in the OMB Final Sequestration Report for FY 2013, the release of which was delayed by ATRA. This report also includes adjustments to the budget year (2014) caps that are based on the reductions required pursuant to section 251A of BBEDCA as calculated in the OMB Report to the Congress on the Joint Committee Reductions for Fiscal Year 2014. Finally, this report details the President's proposals to restore the reductions in the 2014 caps to the levels agreed to in the bipar-tisan BCA as amended by ATRA.

Download or read book OMB Sequestration Preview Report to the President and Congress for Fiscal Year 2016 written by Executive Office Executive Office of the President and published by Createspace Independent Publishing Platform. This book was released on 2016-08-13 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: Section 254 of BBEDCA requires OMB to issue a sequestration preview report with the President's Budget submission. This preview report, the first of the three required sequestration reports for 2016, provides the status of the discretionary limits for the current year and each year thereafter through 2021 as of the end of the second session of the 113th Congress based on current law. At this time, section 251A of BBEDCA requires an adjustment to the budget year (2016) caps in this report based on the calculations included in the OMB Report to the Congress on the Joint Committee Reductions for Fiscal Year 2016. Unlike last year, when the BBA was enacted, no legislation has been enacted that replaces the Joint Committee reductions to the caps for discretionary programs in 2016 and beyond. This report also describes the President's proposals to increase the 2016 discretionary caps and replace most of the discretionary cap reductions scheduled to take place in 2017 through 2021 while extending the discretionary caps through 2025.

Download or read book OMB Final Sequestration Report for Fiscal Year 2000 written by United States. Office of Management and Budget and published by . This book was released on 2000 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book OMB Sequestration Update Report to the President and Congress written by United States. Office of Management and Budget and published by . This book was released on 1991 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book OMB Final Sequestration Report to the President and Congress for Fiscal Year 1999 written by United States. Office of Management and Budget and published by . This book was released on 1998 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book OMB Final Sequestration Report to the President and Congress for Fiscal Year 2013 written by United States. Office of Management and Budget and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book OMB Final Sequestration Report to the President and Congress for Fiscal Year 1997 written by United States. Office of Management and Budget and published by . This book was released on 1997 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Department of Defense Report on the Joint Committee Sequestration for Fiscal Year 2013 written by United States. Under Secretary of Defense (Comptroller) and published by . This book was released on 2013 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report summarizes the financial impact on the Department of Defense discretionary budget authority in Fiscal Year (FY) 2013 as a result of the Joint Committee Sequestration directed in the Presidential Order of March 1, 2013. For consistency, the report is summarized in thousands of dollars at the program, project and activity (PPA) level of detail laid out in the Department's December 2013 Continuing Resolution (CR) Spend Plan, as modified by congressional action. For Defense, the sequestration is generally applied to budgetary resources, including new budget authority and unexpended, unobligated balances carried forward from prior years. These budgetary resource values were estimated in developing the Office of Management And Budget (OMB) "Report to the Congress on the Joint Committee Sequestration For Fiscal Year 2013" based on the Continuing Appropriation Resolution, 2013 and estimates of the Department's March 1, 2013 unobligated balances. This report shows the new budget authority from the enacted FY 2013 Department of Defense and Military Construction Appropriation Bills and from the Disaster Relief Appropriations Act of 2013 as adjusted by various provisions contained in those bills and the actual unexpired, unobligated balances as of March 1, 2013 at the PPA level of detail. The difference in budget authority between estimated for the OMB report to actual in this report results in different sequestration percentages between accounts and, in accordance with the Balance Budget and Emergency Deficit Control Act (BBEDCA) as amended, in changes in the amount sequestered.

Download or read book OMB Final Sequestration Report for Fiscal Year 2000 written by United States. Office of Management and Budget and published by . This book was released on 2000 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book OMB Final Sequestration Report Communication from the Director Office of Management and Budget Transmitting OMB s Final Sequestration Report to the President and Congress for Fiscal Year 1994 Pursuant to Pub L 101 508 Sec 13101 A 104 Stat 1388 587 January 26 1994 Referred to the Committee of the Whole House on the State of the Union and Ordered to be Printed written by United States. Congress. House and published by . This book was released on 1994 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book OMB Sequestration Update Report to the President and Congress written by United States. Office of Management and Budget and published by . This book was released on 1991 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book OMB Final Sequestration Report to the President and Congress for Fiscal Year 1999 written by United States. Office of Management and Budget and published by . This book was released on 1998 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book OMB Final Sequestration Report Communication from the Director the Office of Management and Budget Transmitting OMB s Final Sequestration Report to the President and Congress for Fiscal Year 1993 Pursuant to Public Law 101 508 Section 13101 a 104 Stat 1388 587 January 21 1993 Referred to the Committee of the Whole House on the State of the Union and Ordered to be Printed written by United States. Congress. House and published by . This book was released on 1993 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book President Obama s Report on the Effects of Sequestration written by United States Government Office of Management and Budget and published by CreateSpace. This book was released on 2012-09-20 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 Deficit Reduction to propose, and Congress to enact, a plan to reduce the deficit by $1.2 trillion, as required by the Budget Control Act of 2011 (BCA). In response, the Office of Management and Budget (OMB) is issuing this report based on assumptions 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 deficit 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 implemented. The Administration strongly believes that sequestration is bad policy, and that Congress can and should take action to avoid it by passing a comprehensive and balanced deficit 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 responsible way for our Nation to achieve deficit reduction. The President has already presented two proposals for balanced and comprehensive deficit 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 deficit 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 classifications 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 functions. 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. The percentage cuts in this report, and the identification of exempt and non-exempt accounts, reflect the requirements of the laws that the Administration is applying. With the single exception of military personnel accounts, the Administration cannot choose which programs to exempt, or what percentage cuts to apply. These matters are dictated by a detailed statutory scheme. The Administration does not support these cuts, but unless Congress acts responsibly, there will be no choice but to implement them. On two separate occasions, the President has put forward proposals to responsibly avoid these arbitrary cuts: first, in the President's Plan for Economic Growth and Deficit Reduction that was presented to the Joint Committee in September 2011, and second, in the President's fiscal year (FY) 2013 Budget. Both of these plans made tough choices to reduce the deficit with a balanced package of spending cuts and revenue increases, with the FY 2013 Budget proposing $2.50 in spending cuts for every $1 in new revenue.

Download or read book Revised Final OMB Sequester Report for the Fiscal Year 1990 Communication from the Director the Office of Management and Budget Transmitting the Final OMB Sequester Report to the President and Congress for Fiscal Year 1990 Pursuant to 2 U S C 901 January 23 1990 Referred to the Committee of the Whole House on the State of the Union and Ordered to be Printed written by United States. Congress. House and published by . This book was released on 1990 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: