Page:Statement from Acting OMB Director Robert Fairweather Budgetary Impact Analysis for Executive Order Entitled “Maximizing Assistance from the Federal Emergency Management Agency to Respond to COVID-19”.pdf/1

 EXECUTIVE OFFICE OF THE PRESIDENT OFFICE OF MANAGEMENT AND BUDGET February 2, 2021

Statement from Acting OMB Director Robert Fairweather

Budgetary Impact Analysis for Presidential Memorandum Entitled “Maximizing Assistance from the Federal Emergency Management Agency to Respond to COVID-19”

This Presidential Memorandum directs the Federal Emergency Management Agency to provide a 100 percent Federal cost share for all work eligible under Public Assistance Category B between January 20, 2020, and September 30, 2021. Implementing this Presidential Memorandum would increase costs and revenues to the Federal Government. The benefits of this Presidential Memorandum include combatting and responding to COVID-19 with the full capacity and capability of the Federal Government to protect and support families, schools, and business; and assisting State, local, Tribal, and territorial governments to do the same. Implementing this Presidential Memorandum would increase mandatory and discretionary obligations and outlays, as well as on revenues to the Federal Government, in the 5-year fiscal period beginning in fiscal year 2021. The agencies anticipated to be impacted by this Presidential Memorandum includes the Federal Emergency Management Agency.