# Public Comment on Guidelines and Discount Rates for Benefit-Cost Analysis of Federal Programs
**AGENCY:**
Office of Management and Budget.
**ACTION:**
Revisions to OMB Circular No. A-94.
**SUMMARY:**
OMB is proposing revisions to Circular A-94, which provides guidance on benefit-cost analysis and cost-effectiveness analysis of Federal spending. Circular A-94 was last revised in 1992. These proposed revisions reflect scientific and economic advances since that time. Included in the proposed revisions are changes in the discount rate for benefit-cost analysis. This guidance is separate from Circular A-4, which covers benefit-cost analysis of regulations, rather than spending. Members of the public are encouraged to provide comment.
**DATES:**
June 6, 2023.
**ADDRESSES:**
The revised Circular can be accessed at *https://www.whitehouse.gov/wp-content/uploads/2023/04/CircularA94.pdf* .
Submit comments by the following method:
• *Federal eRulemaking Portal: https://www.regulations.gov.* Follow the instructions for submitting comments. Comments submitted electronically, including attachments to *https://www.regulations.gov,* will be posted to the docket unchanged.
*Instructions:* Please submit comments only and cite Information Collection 0348-0065 in all correspondence related to this collection. To confirm receipt of your comment(s), please check *regulations.gov* , approximately two to three business days after submission to verify posting (except allow 30 days for posting of comments submitted by mail).
**FOR FURTHER INFORMATION CONTACT:**
Jamie Taber, Office of Economic Policy, Office of Management and Budget, (202) 395-2515, *[email protected].*
Zachary Liscow,
Associate Director for Economic Policy, Office of Management and Budget.