OMB Releases FY 2013 Budget Guidance

OMB Director Jacob Lew sent a memo to department and agency heads dated August 17 providing guidance on the preparation of their FY 2013 budget requests given the enactment of the Budget Control Act of 2011. The memo directs agencies to submit FY 2013 budget requests totalling at least 5 percent below their FY 2011 enacted discretionary appropriation and to identify additional reductions that would bring the total request to at least 10 percent below their FY 2011 enacted discretionary appropriation. In addition, the memo asks agencies to identify programs to "double down" on that provide the "best opportunity to enhance economic growth".

Fiscal Year 2013 Budget Guidance
Budget Control Act of 2011 (P.L.112-25)