Office of Management and Budget in the United States

Introduction to Office of Management and Budget

Office of Management and Budget (OMB), an agency of the executive branch of the United States government, charged with helping the president promote and maintain effective government. The OMB was established in the Executive Office of the President in 1970. The agency reviews the organizational structure and management procedures of the executive branch, helps to implement government activities, aids in improving interagency cooperation, and assists in obtaining departmental advice on proposed legislation and in making recommendations to the president regarding such legislation. Its budgetary functions include helping in the preparation and administration of the national budget as well as in the formulation of the government’s overall fiscal program.” (1)

According to the Encyclopedia of the American Constitution, the rapid growth of the federal government in the twentieth century has created the need for an institution to coordinate both fiscal and substantive policy. In 1921, Congress empowered the President to prepare and submit a budget for the government.

Legal Materials

The Office of Management and Budget (OMB) helps the President prepare the Federal Budget, evaluates federal spending plans and loosely supervises other executive agencies.

Selected materials are available on the OMB web site. For questions, call the OMB at 202-395-3080.

An Outside Opinion: OMB Watch posts budget-related news and analysis, with a particular eye on the Office of Management and Budget.

Concept of Office of Management and Budget

In the U.S., in the context of Presidency and Executive Power, Office of Management and Budget has the following meaning: The Office of Management and Budget (OMB) is one of nearly 20 entities in the Executive Office of the President. OMB serves as the institutional tool that the President uses as Chief Executive to run the executive branch. It prepares the president’s budget proposal executive branch agencies and reviews agencies’ proposed rules and regulations. (Source of this definition of Office of Management and Budget : University of Texas)

Office of Management and Budget

Office of Management and Budget

In Legislation

Office of Management and Budget in the U.S. Code: Title 31, Subtitle I, Chapter 5

The current, permanent, in-force federal laws regulating office of management and budget are compiled in the United States Code under Title 31, Subtitle I, Chapter 5. It constitutes “prima facie” evidence of statutes relating to Finance (including office of management and budget) of the United States. The reader can further narrow his/her legal research of the general topic (in this case, Money and Public Finance of the US Code, including office of management and budget) by chapter and subchapter.

Resources

See Also

• Presidency
• Executive Power

Resources

See Also

Budgets
Public Debt

Notes and References

• Information about Office of Management and Budget in the Encarta Online Encyclopedia

Guide to Office of Management and Budget

Office of Management and Budget (omb) in the International Business Landscape

Definition of Office of Management and Budget (omb) in the context of U.S. international business and public trade policy: An office in the executive branch of the federal government that is designed to help the president prepare the fiscal budget and manage the government.