[Federal Register Volume 85, Number 249 (Tuesday, December 29, 2020)]
[Notices]
[Page 85673]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-28650]


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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/2020/12/Appendix-C.pdf.

DATES: The revised discount rates will be in effect through December 
2021.

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

Gideon Lukens,
Deputy Associate Director for Economic Policy.
[FR Doc. 2020-28650 Filed 12-28-20; 8:45 am]
BILLING CODE 3110-01-P