Large Budget Cuts Ahead for FY 2013

OMB directs agencies to cut 2013 budgets, Government Executive

"The Obama administration is directing federal agencies to submit fiscal 2013 budget requests that are at least 10 percent below their current appropriation level."

OMB Memorandum for the Heads of Departments and Agencies: Fiscal Year 2013 Budget Guidance

"In light of the tight limits on discretionary spending starting in 2012, your 2013 budget submission to OMB should provide options to support the President's commitment to cut waste and reorder priorities to achieve deficit reduction while investing in those areas critical to job creation and economic growth. Unless your agency has been given explicit direction otherwise by OMB, your overall agency request for 2013 should be at least 5 percent below your 2011 enacted discretionary appropriation. As discussed at the recent Cabinet meetings, your 2013 budget submission should also identify additional discretionary funding reductions that would bring your request to a level that is at least 10 percent below your 2011 enacted discretionary appropriation."

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This page contains a single entry by Keith Cowing published on August 19, 2011 10:50 AM.

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