Public Comment on Guidelines and Discount Rates for Benefit-Cost Analysis of Federal Programs
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Abstract
OMB is proposing revisions to Circular A-94, which provides guidance on benefit-cost analysis and cost-effectiveness analysis of Federal spending. Circular A-94 was last revised in 1992. These proposed revisions reflect scientific and economic advances since that time. Included in the proposed revisions are changes in the discount rate for benefit-cost analysis. This guidance is separate from Circular A-4, which covers benefit-cost analysis of regulations, rather than spending. Members of the public are encouraged to provide comment.
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<title>Federal Register, Volume 88 Issue 67 (Friday, April 7, 2023)</title>
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[Federal Register Volume 88, Number 67 (Friday, April 7, 2023)]
[Notices]
[Page 20913]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-07179]
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OFFICE OF MANAGEMENT AND BUDGET
Public Comment on Guidelines and Discount Rates for Benefit-Cost
Analysis of Federal Programs
AGENCY: Office of Management and Budget.
ACTION: Revisions to OMB Circular No. A-94.
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SUMMARY: OMB is proposing revisions to Circular A-94, which provides
guidance on benefit-cost analysis and cost-effectiveness analysis of
Federal spending. Circular A-94 was last revised in 1992. These
proposed revisions reflect scientific and economic advances since that
time. Included in the proposed revisions are changes in the discount
rate for benefit-cost analysis. This guidance is separate from Circular
A-4, which covers benefit-cost analysis of regulations, rather than
spending. Members of the public are encouraged to provide comment.
DATES: June 6, 2023.
ADDRESSES: The revised Circular can be accessed at <a href="https://www.whitehouse.gov/wp-content/uploads/2023/04/CircularA94.pdf">https://www.whitehouse.gov/wp-content/uploads/2023/04/CircularA94.pdf</a>.
Submit comments by the following method:
<bullet> Federal eRulemaking Portal: <a href="https://www.regulations.gov">https://www.regulations.gov</a>.
Follow the instructions for submitting comments. Comments submitted
electronically, including attachments to <a href="https://www.regulations.gov">https://www.regulations.gov</a>,
will be posted to the docket unchanged.
Instructions: Please submit comments only and cite Information
Collection 0348-0065 in all correspondence related to this collection.
To confirm receipt of your comment(s), please check <a href="http://regulations.gov">regulations.gov</a>,
approximately two to three business days after submission to verify
posting (except allow 30 days for posting of comments submitted by
mail).
FOR FURTHER INFORMATION CONTACT: Jamie Taber, Office of Economic
Policy, Office of Management and Budget, (202) 395-2515,
<a href="/cdn-cgi/l/email-protection#13722a27537c7e713d767c633d747c65"><span class="__cf_email__" data-cfemail="55346c61153a38377b303a257b323a23">[email protected]</span></a>.
Zachary Liscow,
Associate Director for Economic Policy, Office of Management and
Budget.
[FR Doc. 2023-07179 Filed 4-6-23; 4:15 pm]
BILLING CODE 3110-01-P
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