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ASTHO Releases Summary and Analysis of President's FY 2016 Budget

Feb. 2, 2015

On Feb. 2, the President released his FY 2016 budget request, proposing $1.091 trillion in overall discretionary spending. This request, the first time in years the Office of Management and Budget (OMB) has met the statutory deadline for the budget release date, is $74 billion above the $1.016 trillion budget cap for FY 2016 allowed under sequestration, and a 7 percent increase from the top-line figure of $1.013 trillion from the prior year. Within the overall $1.091 trillion request, $540 billion is proposed for non-defense discretionary funding, an increase of $37 billion over the caps, and $561 billion in defense discretionary spending, an increase of $38 billion above the sequester caps.

The next developments for the FY 2016 appropriations process will be the establishment of the budget framework by the chairmen of the Senate and House Budget Committees, Sen. Mike Enzi (R-WY) and Rep. Tom Price (R-GA-06). Both Chairmen have articulated a plan to balance the budget in ten years, and House Chairman Price in particular has emphasized his intention to stick with the sequester caps. They have indicated they too aim to abide by the April 15th statutory deadline to complete the budget plan so the Appropriations Committees can commence their FY 2016 work.

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