ABSTRACT

OMB Sequestration Preview Report to the President and Congress for Fiscal Year 2018   [open pdf - 558KB]

"The Budget Control Act of 2011 (BCA; Public Law 112-25) amended the Balanced Budget and Emergency Deficit Control Act of 1985 (BBEDCA), which had expired in 2002, by reinstating BBEDCA's limits on discretionary budget authority for 2012 through 2021. 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 2018, provides the status of the discretionary limits for the current year and for each year thereafter through 2021 as of the date of the President's 2018 Budget submission."

Publisher:
Date:
2017-05-23
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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