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"A comprehensive, collaborative elections resource."
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Office of Management and Budget
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Cabinet Rank Member DETAILS |
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Parents |
> United States > U.S. Executive
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Website | http://www.whitehouse.gov/omb/ |
Established | July 01, 1970 |
Disbanded | Still Active |
Contributor | ScottĀ³ |
Last Modified | IndyGeorgia December 03, 2020 02:59pm |
Description |
OMB's predominant mission is to assist the President in overseeing the preparation of
the federal budget and to supervise its administration in Executive Branch agencies. In
helping to formulate the President's spending plans, OMB evaluates the effectiveness
of agency programs, policies, and procedures, assesses competing funding demands
among agencies, and sets funding priorities. OMB ensures that agency reports, rules,
testimony, and proposed legislation are consistent with the President's Budget and with
Administration policies.
In addition, OMB oversees and coordinates the Administration's procurement, financial
management, information, and regulatory policies. In each of these areas, OMB's role is
to help improve administrative management, to develop better performance measures
and coordinating mechanisms, and to reduce any unnecessary burdens on the public.
The Bureau of the Budget, [Link] which had been created in 1921, was incorporated into
the Office of Management and Budget during a re-organization of the executive office by
President Nixon in 1970.
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