Announcing the first ever White House Student Film Festival.
On May 9, 2013, President Obama signed an Executive Order, Making Open and Machine Readable the New Default for Government Information, directing historic steps to make government-held data more accessible to the public, entrepreneurs, and others as fuel for innovation, economic growth, and government efficiency.
As the President has said, the shutdown that occurred last month inflicted completely unnecessary damage on our economy and took a toll on families and businesses across the country. Today, OMB is releasing a report that catalogs the breadth and depth of this damage, and details the various impacts and costs of the October 2013 Federal government shutdown.
As part of our ongoing effort to measure the impact of reducing carbon emissions, today we are issuing updated values for the Social Cost of Carbon (SCC), which are used to estimate the value to society of reducing carbon emissions. These updated values reflect minor technical corrections to the estimates we released in May of this year. For example, these technical corrections result in a central estimated value of the social cost of carbon in 2015 of $37 per metric ton of carbon dioxide (CO2), instead of the $38 per metric ton estimate released in May.
The Office of Management and Budget and the Department of the Treasury today released the fiscal year (FY) 2013 budget results, which show that we are continuing to make significant progress in reducing the deficit. The final 2013 deficit was $680 billion, $409 billion less than the 2012 deficit and $293 billion less than forecast in President Obama’s April Budget. As a percent of Gross Domestic Product (GDP), the deficit fell to 4.1 percent, representing a reduction of more than half from the deficit that the Administration inherited when the President took office in 2009. The deficit reduction since that point represents the fastest decline in the deficit over a sustained period since the end of World War II.
As we commemorate the 50th anniversary of the March on Washington today, we are reminded that much work remains to be done to make sure every child has the opportunity to succeed in life. Investing in early education is one way to make meaningful progress toward that goal.
In May, the President signed an Executive Order to make government-held data more accessible to the public and to entrepreneurs and others as fuel for innovation, economic growth, and government efficiency. Today, we are building on this effort by releasing additional resources to help Federal agencies make data open and available in machine-readable form.
Truck drivers have a tough job, and one that is essential to the U.S. economy. They work for small businesses and large; many are small business owners in their own right. They put in long days on the road. And at the beginning and end of every one of those days, they have to inspect their trucks and file a report—even if they don’t find any problems. It’s a lot of paperwork—about 50 million hours per year, if you add up all the daily inspection reports filed by drivers across the country.
Yesterday in Phoenix, President Obama laid out his plan to create a better bargain for responsible, middle-class homeowners. And today, the President will answer questionssubmitted by homeowners, renters, and prospective buyers during a live conversation with the real estate site Zillow.