Office of Management and Budget

(redirected from OMB)
Also found in: Dictionary, Thesaurus, Financial, Acronyms, Encyclopedia, Wikipedia.

Office of Management and Budget

The Office of Management and Budget (OMB), formerly the Bureau of the Budget, is an agency of the federal government that evaluates, formulates, and coordinates management procedures and program objectives within and among departments and agencies of the Executive Branch. It also controls the administration of the Federal Budget, while routinely providing the president of the United States with recommendations regarding budget proposals and relevant legislative enactments. The Bureau of the Budget was first established in the Executive Office of the President pursuant to Reorganization Plan No. 1 of 1939 (5 U.S.C.A. app.), effective July 1, 1939. Its functions were reorganized and the office renamed OMB by Executive Order No. 11,541 of July 1, 1970. Since the reorganization, the OMB has played a central role in analyzing the federal budget and making recommendations for changes in the budget. Its director, who is appointed by the president, is a key advisor on fiscal policy. The director often appears before congressional committees to explain budgetary proposals.

The OMB assists the president in developing and maintaining effective government by reviewing the organizational structure and management procedures of the executive branch to ensure that the intended results are achieved. It works to develop efficient coordinating mechanisms to implement government activities and to expand interagency cooperation.

The OMB assists the president and executive departments and agencies in preparing the budget and in formulating the government's fiscal program. It also publishes the president's proposed Budget of the U.S. Government every year. Once Congress approves a budget, the OMB supervises and controls the administration of it. In addition, it advises the president on proposed legislation and recommends to the president whether to sign or Veto legislative enactments.

The office also assists in developing regulatory reform proposals and programs for paperwork reduction, especially reporting burdens of the public. The OMB helps in considering, clearing, and, where necessary, preparing proposed executive orders and proclamations that will have an impact on the federal budget.

The OMB has assumed an oversight role in determining the effectiveness of federal programs. It plans and develops information systems that provide the president with program performance data, and it plans, conducts, and promotes evaluation efforts that assist the president in assessing program objectives, performance, and efficiency.

The office also keeps the president informed of the progress of government agency activities with respect to work proposed, initiated, and completed. It coordinates work among the agencies of the executive branch to eliminate overlap and duplication of effort and to ensure that the funds appropriated by Congress are expended in the most economical manner.

Finally, OMB works to improve the economy, efficiency, and effectiveness of the procurement processes by directing procurement policies, regulations, procedures, and forms for the executive branch.

OMB is comprised of divisions that are organized by agency or program area and also by function. Resource Management Offices develop and support the president's Budget and Management proposals. The Budget Review Division provides technical support for budget-related negotiations and decisions. The Legislative Reference Division coordinates the position of the administration regarding budget-related legislation. Statutory offices include the Office of Federal Financial Management, the Office of Federal Procurement Policy, and the Office of Information and Regulatory Affairs.

Further readings

Office of Management and Budget. Available online at <> (accessed August 1, 2003).


Executive Branch.

References in periodicals archive ?
The practical necessity of OMB oversight of the federal regulatory process was explained by Judge Wald when she wrote "Single mission agencies do not always have the answer to complex regulatory problems.
Typical of the OMB, none of the "experts" testifying against my practices had heard of the amendments to the Medical Practice Statute, made in 1995, and were unaware of legitimate alternative practices.
In addition, OMB is urging agencies to demand deeper discounts on blanket purchase agreements.
OMB's proposed Bulletin was the latest step by OMB in its
Robert Shull, director of regulatory policy at the nonprofit OMB Watch, suspects the general direction of OMB and OIRA won't change much, regardless of who is administrator, given that the general direction has already been set by the Bush administration.
In fiscal year 2005, OMB introduced a new privacy management section of FISMA reporting, which removes privacy compliance reporting from the annual E-Government Act report to the annual FISMA report.
Information about the OMB report is available online at http:// www.
We conclude that OMB's numbers are plausible, given the methodology that OMB uses.
Every product that the OMB releases must be virtually perfect, both in legal language and in numerical accuracy.
Chipman begins to answer his question by arguing that the OMB has not adequately balanced the two interests--public and private--that it was meant to serve.
The OMB challenge would cost the corporation about $80,000.
The recommendations in May came in the form of a "prompt letter," which does not force agency action but calls attention to issues the OMB considers a priority.