Brad Gilman Robertson, Monagle & Eastaugh

1. Brad Gilman Robertson, Monagle & Eastaugh

2. Budget Control Act Caps FY ’14: $1.066 trillion (Defense--$546 billion; Non-Defense--$501 billion) FY ’15: $1.086 trillion (Defense--$566 billion; Non-Defense--$520 billion) FY ’16: $1.107 trillion (Defense--$577 billion; Non-Defense--$530 billion) FY ’17: $1.131 trillion (Defense--$590 billion; Non-Defense--$541 billion) FY ’18: $1.156 trillion (Defense--$603 billion; Non-Defenese--$553 billion) FY ’19: $1.182 trillion (Defense--$616 billion; Non-Defense--$566 billion) FY ’20: $1.208 trillion (Defense--$630 billion; Non-Defense--$578 billion) FY ’21: 1.234 trillion (Defense--$644 billion; Non-Defense--$590 billion) Budget Chronology

3. Budget Control Act Deficit Reduction Goal • $1.2 trillion over 10 years • Failure to enact “The Grand Deal” • Sequestration enforcement mechanism • adjustment of 18% for savings on debt service • divide by 9 remaining years • total sequestration amount is $109 billion per year • some other minor variables that change the number each year • Sequestration Amount: • Fiscal year budget cap minus $109 billion (give or take)

4. Fisheries Budget Fiscal Year 2012 v. Fiscal Year 2013 Fiscal Year 2013 v. Fiscal Year 2014 Budget Items of Note Prognosis for FY ’14 and the fisheries budget

6. Three Commission Alliance • IJFA/Councils and Commissions line items • Base Fisheries Budget • The Future