Agencies Should Plan for up to 10% Cut in FY15, OMB Says
May 30, 2013
Agencies’ fiscal 2015 budget requests should be 5 percent below the amounts President Obama outlined for them in April, Office of Management and Budget Director Sylvia Burwell said in instructions released Wednesday.
And to give the White House more budget-cutting options, agencies should also lay out additional reductions to bring discretionary funding totals to 10 percent below what Obama set for 2015 in his fiscal 2014 budget plan, Burwell said in the guidance posted on OMB’s website.
The guidance is similar to what OMB issued last year; it is noteworthy for its position that agencies should again ignore the possibility of another sequester. Obama’s 2014 budget request includes “a balanced approach with more than enough deficit reduction to cancel sequestration,” Burwell said.