Notice2024-18690
OMB Sequestration Update Report to the President and Congress for Fiscal Year 2025
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.
Published
August 21, 2024
Issuing agencies
Management and Budget Office
Abstract
OMB is issuing the OMB Sequestration Update Report to the President and Congress for Fiscal Year 2025 to report on the status of the discretionary caps and on the compliance of pending discretionary appropriations legislation with those caps.
Full Text
<html> <head> <title>Federal Register, Volume 89 Issue 162 (Wednesday, August 21, 2024)</title> </head> <body><pre> [Federal Register Volume 89, Number 162 (Wednesday, August 21, 2024)] [Notices] [Page 67674] From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>] [FR Doc No: 2024-18690] ======================================================================= ----------------------------------------------------------------------- OFFICE OF MANAGEMENT AND BUDGET OMB Sequestration Update Report to the President and Congress for Fiscal Year 2025 AGENCY: Executive Office of the President, Office of Management and Budget. ACTION: Notice of availability of the OMB Sequestration Update Report to the President and Congress for FY 2025. ----------------------------------------------------------------------- SUMMARY: OMB is issuing the OMB Sequestration Update Report to the President and Congress for Fiscal Year 2025 to report on the status of the discretionary caps and on the compliance of pending discretionary appropriations legislation with those caps. DATES: August 16, 2024. ADDRESSES: The OMB Sequestration Reports to the President and Congress is available on-line on the OMB home page at: <a href="https://www.whitehouse.gov/omb/legislative/sequestration-reports-orders/">https://www.whitehouse.gov/omb/legislative/sequestration-reports-orders/</a>. FOR FURTHER INFORMATION CONTACT: Thomas Tobasko, 6202 New Executive Office Building, Washington, DC 20503, Email address: <a href="/cdn-cgi/l/email-protection#473333282526342c2807282a256922283769202831"><span class="__cf_email__" data-cfemail="82f6f6ede0e3f1e9edc2edefe0ace7edf2ace5edf4">[email protected]</span></a>, telephone number: (202) 395-5745, FAX number: (202) 395-4768. Because of delays in the receipt of regular mail related to security screening, respondents are encouraged to use electronic communications. SUPPLEMENTARY INFORMATION: Section 254 of the Balanced Budget and Emergency Deficit Control Act of 1985 requires the Office of Management and Budget (OMB) to issue a Sequestration Update Report by August 20th of each year statutory discretionary caps are in place. For fiscal year 2024, the report finds enacted appropriations at or below the statutory caps. For fiscal year 2025, the report finds that appropriations actions to date by the House of Representatives and the Senate for the 12 annual appropriations bills for fiscal year 2025 would breach both the defense and non-defense caps under preliminary OMB estimates if they were enacted into law. The report further notes that final legislative action will determine the need for sequestration and the Administration will work with the Congress to ensure that an unintended sequestration does not occur. The report contains OMB's Preview Estimate of the Disaster Relief Funding Adjustment for FY 2025. Shalanda D. Young, Director. [FR Doc. 2024-18690 Filed 8-20-24; 8:45 am] BILLING CODE P </pre><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body> </html>
Indexed from Federal Register on August 21, 2024.
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