Office of Management and Budget
Magaly Garcia
PPA 603: Government Budgeting
Instructor: Ian Cole
March 30, 2015
Office of Management and Budget The Office of Management and Budget (OMB), oversees and coordinates the Administration 's regulatory, procurement, financial management, information technology, and information management policies. OMB assists the President in overseeing the preparation of the Federal budget and evaluates the effectiveness of agency programs, policies, and procedures, and works to make sure that agency reports, rules, testimony, and proposed legislation are consistent with the President 's budget and with Administration policies. (WhiteHouse.gov). OMB is considered to be the proprietor of all budgets that regulate agencies in the public service sector. This office is very important within our government because it regulates, submits, and plans what our country will be spending on for the next fiscal year.
In the Executive Branch of the government, the President is responsible for submitting an annual budget to Congress. Office of
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References
Executive Office of the President, Office of Management and Budget. (2014). Circular NO. A-11. Part 1, General Information. Retrieved from: https://www.whitehouse.gov/sites/default/files/omb/assets/a11_current_year/s10.pdf
Executive Office of the President. Office of Management and Budget. Analytical Perspectives. Retrieved from: https://www.whitehouse.gov/omb/budget/Analytical_Perspectives
Executive Office of the President, Office of Management and Budget. OMB’s Mission. Retrieved from: http://georgewbush-whitehouse.archives.gov/omb/organization/role.html
House of Representatives Committee on the Budget. The Budget. Retrieved from: http://budget.house.gov/budgetprocess/
Lee, R., Johnson, R., & Joyce, P. (2008). Public Budgeting Systems (8th ed.). Sudbury, MA: Jones and Bartlett.
Treasure Inspector General for Tax Administration. Budget Formulation