UNCLASSIFIED Budget Outlook Fiscal Environment: Fiscal environment is changing dramatically after 10 years of growth Budget Control Act of 2011 set discretionary funding caps thru 2021 Balance Budget Amendment (BBA) – Dec 2013 and extends BCA caps to 2023 Increased discretionary spending for FY2014 and FY2015 UNCLASSIFIED 3 4/19/2015
UNCLASSIFIED Diminishing Relief in FY15 FY16 Pressure Remains 2014 BCA years added by BBA 1 year } ~ 2% annual increase Federal Budget Outlook BCA Levels/BCA UNCLASSIFIED 4 4/19/2015
Top-line Funding Profile ($ in billions) * President’s Budget Request Note: For comparison purposes, does not include funding for Overseas Contingency Operations/Global War on Terrorism Funding ~3.6% average growth from FY03-12 For Internal Coast Guard Use Only – Budget Sensitive ~-1.7% average decline FY12-15
UNCLASSIFIED FY15 Highlights Preserve Critical Front Line Operations Key Highlights: Provides $83 million for military and civilian pay, and military allowance; $72 million to operate new assets and infrastructure (National Security Cutter, HC-144A, Fast Response Cutters, Response Boat - Medium, Rescue 21). UNCLASSIFIED 10 4/19/2015
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