ABSTRACT

OMB Final Sequestration Report to the President and Congress for Fiscal Year 2017   [open pdf - 862KB]

"The Budget Control Act of 2011 (BCA; Public Law 112-25) amended the Balanced Budget and Emergency Deficit Control Act of 1985 (BBEDCA) by reinstating BBEDCA's spending limits on discretionary budget authority for the period of 2012 through 2021. The 2013 and 2014 limits were revised by the American Taxpayer Relief Act of 2012 (ATRA; Public Law 112-240), and the 2014 and 2015 limits were further revised by the Bipartisan Budget Act of 2013 (BBA of 2013; Public Law 113-67). The 2016 and 2017 limits were revised by the Bipartisan Budget Act of 2015 (BBA of 2015; Public Law 114-74). Section 254 of BBEDCA requires the Office of Management and Budget (OMB) to issue a final sequestration report 15 days after the Congress ends a session to determine whether a sequestration of discretionary budget authority is required, based on OMB's scoring of enacted discretionary appropriations against the applicable discretionary spending limits. Section 184 of the Continuing Appropriations Act, 2017 (division C of Public Law 114-223, as amended by division A of Public Law 114-254 and further amended by Public Law 115-30) (the CR) delayed the release of this report until 15 days after May 5, 2017, to provide more time for the Congress to complete the remaining appropriations Acts for 2017."

Publisher:
Date:
2017-05-19
Series:
Copyright:
Public Domain
Retrieved From:
United States Office of the White House: http://www.whitehouse.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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