Management and Budget Office August 2017 – Federal Register Recent Federal Regulation Documents

OMB is issuing the OMB Sequestration Update Report to the President and Congress for Fiscal Year 2018 to report on the status of the discretionary caps and on the compliance of pending discretionary appropriations legislation with those caps. For fiscal year 2017, the report finds enacted appropriations to be within the spending limits. For fiscal year 2018, the report finds that, if the current limits remain unchanged, under OMB's estimates of actions to date by the House of Representatives for the 12 annual appropriations bills would result in a sequestration of approximately $72.4 billion in defense programs. The report also finds that actions or funding guidance by the Senate would result in a sequestration of approximately $2.0 billion in defense programs and $3.8 billion for non-defense programs. Finally, the report also contains OMB's Preview Estimate of the Disaster Relief Funding Adjustment for FY 2018.