[Federal Register Volume 84, Number 246 (Monday, December 23, 2019)]
[Notices]
[Page 70574]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-27575]


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OFFICE OF MANAGEMENT AND BUDGET


Discount Rates for Cost-Effectiveness Analysis of Federal 
Programs

AGENCY: Office of Management and Budget

ACTION: Revisions to Appendix C of OMB Circular A-94.

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SUMMARY: The Office of Management and Budget (OMB) revised Circular A-
94 in 1992. With this action, OMB has revised the Circular and 
specified certain discount rates to be updated annually when the 
interest rate and inflation assumptions used to prepare the Budget of 
the United States Government were changed. These updated discount rates 
are found in Appendix C of the revised Circular and are to be used for 
cost-effectiveness analysis, including lease-purchase analysis, as 
specified in the revised Circular. These rates do not apply to 
regulatory analysis.
    The revised Circular can be accessed at https://www.whitehouse.gov/wp-content/uploads/2019/12/Appendix-C.pdf.

DATES: The revised discount rates will be in effect through December 
2020.

FOR FURTHER INFORMATION CONTACT: Rachel Hern[aacute]ndez, Office of 
Economic Policy, Office of Management and Budget, (202) 395-3585.

Vance Ginn,
Associate Director for Economic Policy, Office of Management and 
Budget.
[FR Doc. 2019-27575 Filed 12-20-19; 8:45 am]
 BILLING CODE 3110-01-P