Discount Rates for Cost-Effectiveness Analysis of Federal Programs
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Abstract
The Office of Management and Budget (OMB) revised Circular A- 94 in 1992. With that action, OMB specified certain discount rates to be updated annually when the interest rate and inflation assumptions used to prepare the Budget of the United States Government were changed. These updated discount rates are found in Appendix C of the revised Circular and are to be used for cost-effectiveness analysis, including lease-purchase analysis, as specified in the revised Circular. These rates do not apply to regulatory analysis. The revised Circular can be accessed at https://www.whitehouse.gov/ wp-content/uploads/2022/05/Appendix-C.pdf.
Full Text
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<title>Federal Register, Volume 87 Issue 100 (Tuesday, May 24, 2022)</title>
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[Federal Register Volume 87, Number 100 (Tuesday, May 24, 2022)]
[Notices]
[Page 31585]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-11085]
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OFFICE OF MANAGEMENT AND BUDGET
Discount Rates for Cost-Effectiveness Analysis of Federal
Programs
AGENCY: Office of Management and Budget.
ACTION: Revisions to Appendix C of OMB Circular A-94.
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SUMMARY: The Office of Management and Budget (OMB) revised Circular A-
94 in 1992. With that action, OMB specified certain discount rates to
be updated annually when the interest rate and inflation assumptions
used to prepare the Budget of the United States Government were
changed. These updated discount rates are found in Appendix C of the
revised Circular and are to be used for cost-effectiveness analysis,
including lease-purchase analysis, as specified in the revised
Circular. These rates do not apply to regulatory analysis.
The revised Circular can be accessed at <a href="https://www.whitehouse.gov/wp-content/uploads/2022/05/Appendix-C.pdf">https://www.whitehouse.gov/wp-content/uploads/2022/05/Appendix-C.pdf</a>.
DATES: The revised discount rates will be in effect through December
2022.
FOR FURTHER INFORMATION CONTACT: Rachel Hern[aacute]ndez, Office of
Economic Policy, Office of Management and Budget, (202) 395-3585.
Danny Yagan,
Associate Director for Economic Policy, Office of Management and
Budget.
[FR Doc. 2022-11085 Filed 5-23-22; 8:45 am]
BILLING CODE 3110-01-P
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