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"Letter from Dan L. Crippen to John Warner regarding annual report on the technical estimating assumptions that will be used for budget estimates for national defense" [i] (January 2001)

handle is hein.congrec/cbo9707 and id is 1 raw text is: January 22, 2001 Honorable John W. Warner Chairman Committee on Armed Services United States Senate Washington, DC 20510 Dear Mr. Chairman: The law (10 U.S.C. 226) requires that CBO and the Office of Management and Budget (OMB) submit an annual report on the technical estimating assumptions that will be used for budget estimates for national defense. This year's joint report will contain the assumptions used by each agency in preparing outlay estimates for the fiscal year 2002 budget request. OMB, however, has informed CBO staff that it will not finalize its assumptions for some time. As a result, the joint report will not be ready until later this year. In order to provide the Congress with as much information as possible in a timely manner, CBO has prepared the enclosed tables containing our latest estimating assumptions. Table 1 shows the spendout rates that CBO expects to use in estimating the outlay impact of appropriations that will be requested for fiscal year 2002. Table 2 shows CBO's estimates of outlays from appropriations already enacted. Once OMB releases its data, CBO will update its estimating assumptions to reflect any new information. We hope that OMB and CBO will be able to provide a joint report at that time.

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