Subscribe by RSS
Fiscal Year 2012 Budget Guidance, M-10-19
Issued By: OMB - Effective Date: 06.08.2010, 83.901K, pdf
Abstract: The President has asked that we continue on our path toward freezing non-security discretionary spending for three years, cutting the deficit in half by the end of his first term, and restoring fiscal sustainability over the medium term. Doing so requires eliminating low-priority programs, squeezing out waste from all activities, and achieving better performance with the resources we have.
As a first step toward accomplishing these objectives, the President has requested that each non-security agency submit a budget request five percent below the discretionary total provided for that agency for FY 2012 in the FY 2011 Budget. This will allow the President’s Budget to accomplish an overall non-security discretionary freeze even while providing funding for new initiatives and any contingencies that arise over the coming months. Tight budget targets will also be imposed on security-related agencies.
