Discount Rates for Cost-Effectiveness Analysis of Federal Programs
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Issuing agencies
Abstract
Office of Management and Budget (OMB) Circular No. A-94 specifies certain discount rates to be updated annually when the interest rate and inflation assumptions used to prepare the Budget of the United States Government are changed. These updated discount rates are found in Appendix C of the 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 Appendix C of Circular No. A-94 can be accessed at https://www.whitehouse.gov/wp-content/uploads/2023/12/CircularA- 94AppendixC.pdf.
Full Text
<html> <head> <title>Federal Register, Volume 88 Issue 249 (Friday, December 29, 2023)</title> </head> <body><pre> [Federal Register Volume 88, Number 249 (Friday, December 29, 2023)] [Notices] [Page 90201] From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>] [FR Doc No: 2023-28727] ======================================================================= ----------------------------------------------------------------------- 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 No. A-94. ----------------------------------------------------------------------- SUMMARY: Office of Management and Budget (OMB) Circular No. A-94 specifies certain discount rates to be updated annually when the interest rate and inflation assumptions used to prepare the Budget of the United States Government are changed. These updated discount rates are found in Appendix C of the 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 Appendix C of Circular No. A-94 can be accessed at <a href="https://www.whitehouse.gov/wp-content/uploads/2023/12/CircularA-94AppendixC.pdf">https://www.whitehouse.gov/wp-content/uploads/2023/12/CircularA-94AppendixC.pdf</a>. DATES: The revised discount rates will be in effect through December 2024. 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#4d2c74790d22202f6328223d632a223b"><span class="__cf_email__" data-cfemail="16772f2256797b743873796638717960">[email protected]</span></a>. Wesley Yin, Associate Director for Economic Policy, Office of Management and Budget. [FR Doc. 2023-28727 Filed 12-28-23; 8:45 am] BILLING CODE 3110-01-P </pre><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body> </html>
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.