^®: CRE Regulatory Action of the Week

OMB Issues 2015 Sequestration Report
The U.S. Office of Management and Budget has published itsFinal Sequestration Report to the President and Congress for FY 2015. This document reports on compliance of enacted or continuing 2015 discretionary appropriations legislation with the discretionary caps. The report finds that enacted or continuing appropriations are within the current law defense and non-defense discretionary limits for 2015; therefore, a sequestration of discretionary budget authority is not required.