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Budgetary Impact Analysis for Executive Order Entitled “Expanding Apprenticeships in America”

Statement from OMB Director Mick Mulvaney:

Budgetary Impact Analysis for Executive Order Entitled
“Expanding Apprenticeships in America”

This executive order directs agencies to take certain steps that expand access to and promote the development of apprenticeship programs, and establishes a Task Force to coordinate such efforts. Implementing this executive order would have a de minimis impact on costs and revenues to the Federal Government. The benefits of this executive order include a renewed focus on apprenticeships aimed at providing opportunities for Americans to gain the skills needed to succeed and thrive as the economy grows and jobs come back to the country. Implementing this executive order would have a de minimis impact on mandatory and discretionary obligations and outlays, as well as on revenues to the Federal Government, in the 5-fiscal year period beginning in fiscal year 2017. The agencies anticipated to be impacted by this executive order include the Departments of Defense, Justice, Commerce, Labor, Education, and the Executive Office of the President, as well as all agencies that administer programs designed to promote skills development and workplace readiness.