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From the beginning of the Administration, Federal agencies have worked to increase the quality and efficiency of their core administrative functions to enhance productivity. As part of that commitment, one of the key pillars of the President’s Management Agenda is continued emphasis on the efficiency of government operations.
OMB today released the 2015 Mid-Session Review (MSR), which updates the Administration’s estimates for outlays, receipts, and the deficit in light of economic, legislative, and other developments that occurred since the release of the President’s 2015 Budget in March.
As part of the Administration’s effort to improve the effectiveness and efficiency of the Federal government, agencies have been setting clear, measurable goals to drive better outcomes for the American people. In March, building on our prior goals, the Administration announced new two-year Agency Priority Goals (APG) and new longer-term Cross-Agency Priority (CAP) Goals. The new goals were selected based on their importance in accelerating economic growth, expanding opportunity, increasing the efficiency of the Federal government, and ensuring the nation’s long-term fiscal strength.
Every year, Congress requires Federal agencies to produce thousands of written reports and plans on far ranging topics. While these reports and plans often provide useful information for legislative decision-making, oversight, and public transparency, some reports and plans that were once useful have become outdated or duplicative, and needlessly divert time and resources away from critical agency mission activities.
Over the last few years, Federal agencies have been implementing the President’s call for a government-wide review of existing regulations, identifying rules to be changed or removed because they are out-of-date, unnecessary, or overly burdensome. As part of this retrospective review, or “regulatory lookback,” agencies across the Federal government have identified hundreds of initiatives to reduce burdens and save taxpayer dollars. In fact, the retrospective review effort to date includes actions that will save more than $13 billion dollars in the near term, with more savings on the way.