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The Latest Breaking News from OMB

OMB: Deficits, growth lower in the near term, inflation up

WASHINGTON — The White House’s annual update to its most recent budget forecasts shows a brighter near-term picture for federal finances but a gloomier outlook for inflation and economic growth.

Tribune News Service

Biden's Inflation Reduction Act Seen Cutting Up To $1.9 Trillion In Climate-Related Economic Damage, Latest Analysis Finds

Biden's Inflation Reduction Act Seen Cutting Up To $1.9 Trillion In Climate-Related Economic Damage, Latest Analysis Finds

The White House Office of Management and Budget (OMB) on Tuesday released its first published analysis of avoided climate-related social costs resulting from a piece of legislation.

OMB: Deficits, growth lower in the near term, inflation up - Roll Call

OMB: Deficits, growth lower in the near term, inflation up - Roll Call

The White House issued a brighter near-term picture for federal finances but a gloomier outlook for inflation and economic growth.

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Climate law could slash related damages by up to $1.9 trillion through 2050

The costs of extreme weather events, health impacts would decline, the report shows.

Checks and Balances- July 2022

The Checks and Balances Letter delivers news and information from Ballotpedia’s Administrative State Project, including pivotal actions at the federal and state levels related to the separation of powers, due process, and the rule of law.

Air Guard troops doing space missions face identity crisis

About 1,000 Air National Guard troops who are assigned to space missions are mired in an identity crisis

The Independent UK

The Biden Administration Considers Whether Hispanic/Latino Should Be A Racial, Not Ethnic, Classification

The AP reports that the Biden administration is considering changes to official OMB racial and ethnic classifications. The most prominent proposals are to change the Hispanic/Latino category from an ethnic to a racial category, and to add a new MENA (Middle Eastern and North African) category. I will write about…

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Biden officials may change how the U.S. defines racial and ethnic groups by 2024

Biden officials may change how the U.S. defines racial and ethnic groups by 2024

The Biden administration is starting a process that could change how the U.S. census and federal surveys produce racial and ethnic data that is used for redistricting and civil rights enforcement.

How Well Do You Know America's Racial Classification System? (First of a Series)

As discussed in my forthcoming book Classified, contrary to popular belief, racial and ethnic classification in the US is not solely a matter of personal choice. The federal Office of Management and Budget created a classification scheme in 1978 to be used by all federal agencies, and barely amended since.…

How Native Hawaiians and Pacific Islanders Became a Separate Classification from "Asian Americans"

Native Hawaiians had found that being lumped in with Asian Americans hurt their chances of admission to West Coast colleges.

Biden's Protectionist Regulations Undermine His Own Infrastructure Plans

Biden's Protectionist Regulations Undermine His Own Infrastructure Plans

The White House is making it harder for people to request waivers from cost-increasing Buy America requirements in the $1.2 trillion infrastructure law.

OMB nominee says new Biden budget coming in March

WASHINGTON — President Joe Biden is likely to submit his fiscal 2023 budget request shortly after the March 1 State of the Union address, his acting White House budget chief told senators Tuesday.

Tribune News Service

OMB nominee says new Biden budget coming in March - Roll Call

OMB nominee says new Biden budget coming in March - Roll Call

President Joe Biden is likely to submit his fiscal 2023 budget request shortly after the March 1 State of the Union address.

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