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OMB Updated Sequestration Report

This week the Office of Budget and Management (OMB) released a report regarding enforcement of the discretionary spending caps for both 2016 and 2017 as contained in the Sequester. The OMB must issue a final sequestration report after the Congress adjourns and to date, no 2017 appropriations bills have been enacted into law and, therefore, no  changes are reflected to the current 2017 caps. However, if the 2017 discretionary caps remain unchanged, the report estimates that, if enacted, the actions by the House of Representatives would result in a sequestration of $17 million in the defense category and a sequestration of $775 million in the  non-defense category. Additionally, the report finds that the Senate is in compliance with both of the current 2017 spending limits. Finally, OMB estimates that present conference action on pending 2016
supplemental appropriations, if enacted, would not breach the current 2016 limits.

Read the report here.