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The order said "budgetary resources subject to sequestration shall be new budget authority, unobligated balances of defense function accounts carried over from prior fiscal years, direct spending authority, and obligation limitations.
Unless a swift recovery drives housing prices and wages up in the near future, the agency may be too broke to exist without taxpayer help -- and it has indefinite budget authority to draw on Treasury Department funds without congressional approval.
OFES states that "any new initiative (for IFE) will depend on the output of the NAS (National Academies) study, ignition on NIF, and available budget authority.
Nevertheless, 7 agencies withheld budget authority from 12 programs in anticipation of congressional enactment of the proposals the President made in his letter.
Excluding user fees, the proposed budget calls for $295 million in additional budget authority appropriations.
According to CQ Today, Gregg's proposed amendment sought to ensure that all future transfers from the general fund to the highway or aviation trust funds would count as new budget authority and oudays in the year that the transfer occurs.
Since WWII, the total level of Defense budget authority after adjustment for inflation--shown in the chart--has displayed an up-and-down pattern reminiscent of a roller coaster ride.
Overall, the discretionary budget authority proposed in my FY 2009 Budget would not be increased by these requests.