[Federal Register Volume 77, Number 166 (Monday, August 27, 2012)]
[Notices]
[Page 51831]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-20939]


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OFFICE OF MANAGEMENT AND BUDGET


OMB Sequestration Update Report to the President and Congress for 
Fiscal Year 2013

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 2013.

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SUMMARY: Public Law 112-25, the Budget Control Act of 2011 (BCA, ``the 
Act'') amended the Balanced Budget and Emergency Deficit Control Act of 
1985 (BBEDCA) by reinstating the discretionary spending limits that had 
expired after 2002. Section 254 of the BBEDCA requires the Office of 
Management and Budget (OMB) to issue a Sequestration Update Report on 
August 20th of each year on the overall status of discretionary 
legislation. This report provides OMB's current estimates of the 
spending limits set in the Act and OMB's scoring of pending 
appropriations legislation against those limits as of August 2012. As 
required, these estimates rely on the same economic and technical 
assumptions used in the President's 2013 Budget, which the 
Administration transmitted to the Congress on February 13, 2012.

DATES: Effective Date: Sec. 254(b). SUBMISSION AND AVAILABILITY OF 
REPORTS.--Each report required by this section shall be submitted, in 
the case of CBO, to the House of Representatives, the Senate and OMB 
and, in the case of OMB, to the House of Representatives, the Senate, 
and the President on the day it is issued. On the following day a 
notice of the report shall be printed in the Federal Register.

ADDRESSES: The OMB Sequestration Reports to the President and Congress 
is available on-line on the OMB home page at: http://www.whitehouse.gov/omb/legislative_reports/sequestration.

FOR FURTHER INFORMATION CONTACT: Thomas Tobasko, 6202 New Executive 
Office Building, Washington, DC 20503, Email address: 
tobasko@omb.eop.gov, telephone number: (202) 395-5745, FAX number: 
(202) 395-4768 or Jenny Winkler Murray, 6236 New Executive Office 
Building, Washington, DC 20503, Email address: jwinkler@omb.eop.gov, 
telephone number: (202) 395-7763, 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.

Jeffrey D. Zients,
Acting Director.
[FR Doc. 2012-20939 Filed 8-24-12; 8:45 am]
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