The Federal Budget Outlook and NSF Presented by Beth Blue National Science Foundation Office of Budget, Finance, and Award Management Budget Division/Program Analysis Branch CAREER Awardee Meeting MPS Division of Materials Research June 17, 2013

Today’s Topics NSF Budget and Planning The Federal Budget Process The Outlook for FY 2014 and Beyond 2

What is the Budget and Why is it Important? The President’s Budget (“the Request”) is a statement of Administration policy and the resources needed to achieve it. 3 The Request is made to Congress annually. Priorities must be weighed and choices made.

The Players Administration…proposes o Office of Management & Budget (OMB) o Office of Science & Technology Policy (OSTP) o Federal agencies such as NSF Congress…disposes The American Public NSF constituent communities 4

Formulate Execute Evaluate Plan NSF Budget and Planning Budget Request to Congress Performance Reports 5 Overview of Budget Process

NSF Budget & Planning Timeline Dec 13Jan 14Feb 14Mar 14Aug 13Sep 13Oct 13Nov 13Apr 13Jun 13Jul 13 Budget Formulation Budget ExecutionExternal Milestones Internal Milestones Timing of internal deadlines and appropriations fluctuates from year-to-year FY13 Budget Cycle FY14 Budget Cycle FY15 Budget Cycle Commit, Obligate, Spend Receive FY14 Appropriation ? Commit, Obligate, Spend Receive FY15 OMB “Passback” FY15 Budget Hearings NSF Budget Retreat NSB Meeting - Planning Develop and submit FY15 Budget to Congress Develop FY14 Interim Op Plan FY15 Discussions with OMB Develop/Submit FY15 Budget to OMB NSB Meeting to review and approve budget Submit FY15 Budget to OMB Submit FY15 Budget to Congress May 13 FY 2013 FY 2014 Congressional Action on FY 2014 Financial Audit Publish FY13 Agency Financial Report Planning/Set Long-Term Priorities Develop / Submit Current Plan

Budget Formulation and Priority Setting at NSF April-May OMB issues budget guidance memo - AVAILABLE ONLINE Internal agency planning continues June-July OMB and OSTP issue R&D guidance memo - AVAILABLE ONLINE OMB issues A-11 - AVAILABLE ONLINE July - Sep NSF finalizes prioritization of research/education investments and submits budget request to OMB Sep - Dec OMB and NSF finalize priorities for the President’s Budget Request to Congress Dec- Feb NSF prepares and issues President’s Budget Request to Congress- AVAILABLE ONLINE 7

The Federal Budget Process 8 First Monday in February: President’s Budget submitted to Congress. February-September: Congress deliberates and, we hope, passes an Appropriation funding NSF for the coming year NLT 9/30. October 1: New Fiscal Year Begins

The President’s Budget Request 9 The President’s Budget Analytical Perspectives Budget Appendix Budget in Brief

After the “PresBud” is Delivered in February Press conference by the President, followed by briefings by OSTP, and at NSF, the NSF Director and NSF Assistant Directors. Hearings and questions for the record from the Hill. Briefings for interested communities. Remember: The President proposes and Congress disposes! 10

The New Normal: Appropriations Drift NSF Appropriations Date vs. Start of Federal Fiscal Year (Oct 1 st ) 11

The Outlook for FY 2014 and Beyond The Deficit = receipts - outlays The Debt Ceiling, a legal construct on debt issued by Treasury. The Budget Control Act of

The Budget Control Act of 2011 “Sequestration” is one outcome of the Budget Control Act. Sequestration was implemented in FY NSF Important Notice issued in February: “Impact of FY 2013 Sequestration Order on NSF Awards” is available online. Sequestration is scheduled to continue in FY

The Gap in FY 2014 and Beyond 15

Where Does NSF Fit? 16 A successful budget request will: Meet Administration Priorities and legislative mandates Consider external input Provide a clear justification of what is needed any. Make our case! Outline NSF’s role vis-à-vis other science agencies and partners.

October 1 st – Start of FY November/December/January?? Full Year FY 2014 Appropriations passed...with or without sequestration. February 2 nd FY 2015 President’s Budget Request to Congress. What’s Next in the Appropriations Process 17

Budget and Policy Links 18 M Fiscal Year 2015 Budget Guidance M-12-15, Science and Technology Priorities for FY 2014 Budget (FY 2015 guidance is pending) The President’s Budget for FY NSF Budget Requests and Performance & Accountability Reports Important Notice: Impact of Sequestration Order on NSF Awards

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