agency within the Executive Office of the President. The OMB has broad financial management power as well as the responsibility of preparing the executive budget. Among the other duties assigned OMB are: (1) to study and recommend to the president changes relative to the existing organizational structure of the agencies, their activities and methods of business, etc.; (2) to apportion appropriations among the agencies and establish reserves in anticipation of cost savings, contingencies, etc.; and (3) to develop programs and regulations for improved data gathering pertaining to the government and its agencies.
at the federal level, agency within the Office of the President responsible for: (1) preparing and presenting to Congress the President's budget; (2) working with the Council of Economic Advisers and the Treasury Department in developing a fiscal program; (3) reviewing the administrative policies and performance of government agencies; (4) advising the President on legislative matters.
at the federal level, an agency within the Office of the President responsible for (1) preparing and presenting to Congress the president's budget; (2) working with the Council of Economic Advisers and the Treasury Department in developing a fiscal program; (3) reviewing the administrative policies and performance of government agencies; and (4) advising the president on legislative matters.
