Senators Scrutinize OMB's Increased Budget Request as It Recommends Cuts for Other Government Arms
Office of Management and Budget requests $2.7 million increase to fund vacant positions while other agencies face budget reductions, sparking concerns over fiscal fairness and management
2024-07-31 18:11:43 - VI News Staff
The Office of Management and Budget (OMB) appeared before the Committee on Budget, Appropriations, and Finance on Tuesday to request an increased appropriation over last year’s figures. The request is juxtaposed against weeks of other agencies — who also need to maintain their own critical operations — lamenting decreases in their budget recommendations and being constrained to tight budget ceilings decided upon by OMB. Budget reductions have repeatedly been blamed on insufficient revenue collections and projections that place end-of-year collections at a figure much lower than anticipated - approximately $91 million.
For the upcoming fiscal year, OMB is requesting funding in the sum of $9,932,712, including $2,106,503 from the Indirect Cost Fund and $7,877,209 from the general fund. In FY2024, OMB received $7,205,150 from the general fund - a difference of over $670,000. According to OMB acting director Kimika Woods, the increase covers funding for 22 vacant positions - some funded at 50%, and others at 75%. For OMB, the request is “aimed at sustaining the vital operations."