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Tag Archive | "FY 2013"

OMB Director Provides Guidance on FY 2013 Budget Requests

The Director of the Office of Management and Budget circulated a memorandum to the heads of Departments and Agencies with the following directions regarding their Fiscal Year 2013 budget requests:

1. Overall agency requests should be at least 5% below the FY 2011 enacted appropriations;

2. The budget submission should outline options in line with the President’s efforts to cut waste and reorganize priorities to reduce the deficit and invest in areas that will generate jobs and economic growth; and

3. Departments and agencies should identify in their budget requests additional discretionary funding reductions that would amount a level at least 10 percent below the FY 2011 enacted appropriations.

The memorandum specifies that departments and agencies should not simply propose across the board spending cuts and that the reductions that are identified in the budget requests will be used as guidance for the President as he makes decisions about funding cuts.

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