Office of Management and Budget


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Office of Management and Budget

A U.S. federal government office charged with preparing the budget and measuring the effectiveness of government programs. It was established in 1970.

Office of Management and Budget

A White House office (www.whitehouse.gov/omb) charged with assisting the president in preparation of the federal budget and supervising its administration. It also evaluates the effectiveness of agency programs,policies,and procedures.

References in periodicals archive ?
The amount of money requested by the country teams has gone to Office of Management and Budget, with D epartment of State support of the submission.
From the Office of Management and Budget perspective, program justification is key.
JACKSON, JR., CPA, is deputy controller of the Office of Management and Budget, Office of Federal Financial Management, Washington, D.C.
While in some instances the act and subsequent Office of Management and Budget (OMB) actions have eliminated significant issues with earlier regulations, they also have created potential new liability and implementation concerns for the independent auditor.
The FASAB will only recommend the accounting concepts and standards, which need to be issued by the Office of Management and Budget and the General Accounting Office.
The 1980 Republican platform went so far as to demand the throttling of defense analysts like Stubbing, denouncing the "ill-informed, capricious intrusions of the Office of Management and Budget. .
*Director, Office of Management and Budget: Thinking about the OMB can remind you of Stalin's question: "How many divisions does the Pope have?" This White House office has some 550 employees, but because its job is to just say no to the other three million federal employees, the director's chair at OMB is one of the most important positions Michael Dukakis or George Bush will fill.
These insurance programs expose future taxpayers to a total, contingent liability estimated by the Office of Management and Budget to exceed $3 trillion.
More than half the remaining slots--638--were lopped off by budget cutters at the Office of Management and Budget.
The Office of Management and Budget (OBM) released its 1993 Federal Financial Management Status Report and Five-Year Plan, as required by the Chief Financial Officers Act of 1990.
Senator William Roth, ranking minority member of the Committee on Government Affairs, proposed the creation of a chief financial officer who would be responsible for the financial management side of the Office of Management and Budget.
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