[Federal Register Volume 87, Number 100 (Tuesday, May 24, 2022)]
[Notices]
[Page 31585]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-11085]


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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 that action, OMB 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/2022/05/Appendix-C.pdf.

DATES: The revised discount rates will be in effect through December 
2022.

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

Danny Yagan,
Associate Director for Economic Policy, Office of Management and 
Budget.
[FR Doc. 2022-11085 Filed 5-23-22; 8:45 am]
BILLING CODE 3110-01-P