Mission
The OMB's predominant mission is to assist the President in overseeing the preparation of the federal budget and to supervise its administration in Executive Branch agencies. In helping to formulate the President's spending plans, the OMB evaluates the effectiveness of agency programs, policies, and procedures, assesses competing funding demands among agencies, and sets funding priorities. The OMB ensures that agency reports, rules, testimony, and proposed legislation are consistent with the President's Budget and with Administration policies.
In addition, the OMB oversees and coordinates the Administration's procurement, financial management, information, and regulatory policies. In each of these areas, the OMB's role is to help improve administrative management, to develop better performance measures and coordinating mechanisms, and to reduce any unnecessary burdens on the public.
The OMB's Critical Missions:
- Budget development and execution is a prominent government-wide process managed from the EOP and a device by which a President implements his policies, priorities, and actions in everything from the Department of Defense to NASA.
- The OMB manages other agencies financials, paperwork, and IT.
Read more about this topic: United States Office Of Management And Budget
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