OMB Delays Release of Sequestration Report

The Office of Management and Budget (OMB) was scheduled to release a report on the impact of sequestration yesterday, as required by the Sequester Transparency Act. However, that did not happen, and it is now looking like it will not be released until late next week. White House Press Secretary Jay Carney had this to say:

“Given the time needed to address the complex issues involved in preparing the report, the administration will be submitting that report to Congress late next week. No amount of planning changes the fact that sequester would have devastating consequences. We need to deal with our fiscal challenges in a balanced way.”

We will let you know when the report is released, and what it has to say about the impact of sequestration on Perkins Act funding.

Nancy Conneely, Public Policy Manager

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