ABSTRACT

Proposed Offsets Exceed Spending for Agriculture in the Administration's Disaster Assistance Request [December 1, 2017]   [open pdf - 110KB]

"On November 17, 2017, the Office of Management and Budget (OMB) released the Administration's request for a third round of supplemental funding in response to natural disasters in 2017. The total request includes $44 billion of additional appropriations for disasters during 2017, offset by $59 billion of reductions to budget authority for previous appropriations ($15 billion) and a two-year extension of sequestration on mandatory spending ($44 billion) from FY2025 to FY2027. Accounts in the jurisdiction of Agriculture appropriations would receive an additional of $992 million for disaster recovery but be reduced over time by $5.6 billion. Proposed reductions include $3 billion through rescissions of prior appropriations and an estimated $2.6 billion share from extending sequestration on mandatory spending in the jurisdiction of Agriculture appropriations (Table 1). The result, therefore, would be a net $4.6 billion reduction from agriculture accounts."

Report Number:
CRS Insight, IN10832
Author:
Publisher:
Date:
2017-12-01
Copyright:
Public Domain
Retrieved From:
Federation of American Scientists: http://www.fas.org/sgp/crs/index.html
Format:
pdf
Media Type:
application/pdf
URL:
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